The Stubborn Financial Supervisory Commission? Japan’s Financial Services Agency Equally Prohibits Bitcoin ETF Trading and Disallows Multiple Delegations
After the launch of Bitcoin spot ETF in the United States, the Japanese securities firm “SBI Securities” has also received many purchase requests from customers. However, “SBI Securities” stated that they are unable to provide the purchase option at the moment because the purchase of overseas ETFs in Japan requires approval from the Japanese Financial Services Agency, and they have not yet received any related notification.