Crypto
Japan to allow bitcoin buys via securities accounts as SBI, Rakuten pursue in-house trusts
Japan’s online brokerages SBI Securities and Rakuten Securities are developing in-house bitcoin and ethereum investment trusts for retail investors. The products would allow clients to gain crypto exposure within existing securities accounts, without opening a separate exchange account or wallet. The move comes as Japan’s Financial Services Agency is reported to be reviewing rules that could allow investment trusts and exchange-traded funds to include crypto assets.
