The Financial Services Agency of Japan (FSA) does not plan to approve a bitcoin ETF in the near future. Reported by Cointelegraph.
Information that the Japanese regulator can give the green light to a cryptocurrency ETF was previously announced by Bloomberg, citing some knowledgeable source.
“We do not know the person who could have conveyed such information to the media. We are not considering the possibility of ETF approval based on cryptocurrency assets, ”the official statement says.