🇯🇵 Japanese banks will be able to buy and hold crypto.

⚡️ The Japanese Financial Services Agency #FSA has taken up the review of regulations on the prohibition of cryptocurrencies within banking.

💸 The regulator plans to allow banks to directly buy and store Bitcoin and other coins, as well as sell them to clients.

The roadmap is as follows: the issue will be brought up at the next meeting of the Financial Services Council ➡️ amendments will be sent to parliament ➡️ if there is a green light from the legislative bodies, the changes will come into effect in 2026. 😏