Japan FSA Considers Letting Banks Hold Bitcoin

[lingriiddd]

Japan’s Financial Services Agency is weighing reforms that could allow domestic banks to directly hold non-backed crypto assets like Bitcoin on their balance sheets. This marks a sharp turn from 2020 restrictions that effectively barred such exposure. With 12M+ crypto accounts now active in Japan, regulators see a maturing market but will enforce capital requirements and strict exposure caps to limit systemic risk.

[alex10]

Allowing banks to hold Bitcoin would signal a major regulatory evolution in Japan’s financial policy.

[Nahid10]

Such a move could accelerate mainstream adoption and legitimize crypto as a core asset class.