With the EUR and JPY under pressure, is natural that the private sector (Holdings Companies and Major Corporations) is exerting pressure so that They could also hedge their currency risk with alternative assets.
Strict regulation of crypto holding is meant to protect the supremacy of the Fiat currency whose supply the central bank can control.
At least in Japan there is no doubt that major corporations can influence policy, in this case for good, and crypto could be allowed as an investment for hedging risk.
Of course, it does not mean all crypto will benefit from capital influx into the industry.
It is obvious that, if corporations were to build a reserve with already established tokens/coins it would add only $BTC $ETH $XRP at most BNB as capitalization is essential for the magnitude of their own investments.
If citizens have more economic freedom to choose the currency they use to pay or demand payment, a considerable number of them will start using crypto, for it is more convenient in many ways. Actually, what any currency needs is to become part of daily economic life not only a "store of value" that must be liquidated at some point for "cash".
by MAAM_A1©
