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Japan’s regulators remain cautious on spot crypto ETFs despite a global shift towards approval, according to Sumitomo Mitsui Trust Asset Management.an interview with the Financial Times, Oki Shiozawa, investment director at Sumitomo Mitsui Trust Asset Management, one of Asia’s largest asset managers with more than $620 billion in assets under management, indicated that Japanese authorities are currently not in a position to approve crypto ETFs.
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