Japan’s financial regulator is weighing rule changes that could allow crypto assets to qualify for ETFs, signaling a possible shift in retail access. Japan’s financial regulator is weighing potential rule changes that could pave the way for cryptocurrency exchange-traded funds (ETFs), with local media reporting that 2028 is being discussed as an early target. According to a report by Nikkei, citing people familiar with the matter, Japan’s Financial Services Agency plans to amend its regulatory framework to allow crypto to be included as eligible ETF assets alongside stronger investor-protection mechanisms. Major financial groups, including Nomura Holdings and SBI Holdings, are among the first companies expected to develop crypto-linked ETF products, Nikkei reported. Read more
Japan’s finance minister signaled that crypto’s future lies inside regulated exchanges as Japan advances tax, disclosure and market reforms. Japan appears to be moving to bring cryptocurrencies deeper into its traditional market rulebook, signaling that regulators want digital assets handled through established exchanges and securities-style oversight rather than a parallel system. The direction was underscored on Monday by Finance Minister and Financial Services Minister Satsuki Katayama, who publicly backed traditional securities exchanges and market infrastructure as the primary gateway for blockchain-based assets. Speaking at the Tokyo Stock Exchange’s New Year opening ceremony, Katayama framed 2026 as Japan’s first year of full-scale digitalization. Her remarks echoed a broader regulatory shift that has been steadily aligning crypto with traditional capital markets. Read more