February 3, 2023

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Japan’s financial regulator not convinced on making cryptocurrency investing easier

1 min read

The head of Japan’s Financial Services Agency says he is open to the p[otential benefits of crypto.

  • Could be an efficient way of transferring money

But, says examples like Bitcoin are currently mainly being used for speculation and investment in Japan. 

  • and now new challenges are arising due to the multiplications of firms involved in decentralized finance (DeFi)

Bitcoin has stabilised above 45K the past few hours:

The head of Japan's Financial Services Agency says he is open to the p[otential benefits of crypto.

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