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Japan's Regulator Sounds Caution on Cryptocurrency ETFs Japan's Financial Services Agency (#FSA) chief Hideki Ito said (https://www.coindesk.com/policy/2024/08/08/japans-top-regulator-says-crypto-etf-approvals-need-cautious-consideration-report/) there needs to be "careful consideration" over whether to approve cryptocurrency exchange-traded funds. Japnese sirs pls save yourself first from the unwinding coming bcz of your #carry trading lol "Many people believe that crypto assets do not necessarily contribute to the creation of wealth for the Japanese people in a stable and long-term way," the official said.
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