JPX CEO: Japan Expected to Launch Cryptocurrency ETF as Early as Next Year
Foresight News reports, according to Bloomberg, that the Japan Exchange Group stated that if legal revisions allow, cryptocurrency-tracking exchange-traded funds (ETFs) could be listed as early as next year. JPX CEO Hiromi Yamaji, operator of the Tokyo Stock Exchange, said, "Asset management companies have shown strong interest in creating cryptocurrency ETF products. Once legislation and tax treatment are clarified, we are ready to embark on this work." JPX also believes that if there are delays, the listing could be postponed until 2028.
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