PANews reported on December 9th that, according to Yahoo News, the Japanese Financial Services Agency has revised its Q&A, explicitly stating that the availability of derivatives such as CFDs (Contracts for Difference) based on overseas cryptocurrency ETFs in Japan is "not ideal," citing the lack of approval for cryptocurrency ETFs in Japan and insufficient investor protection. Japan's Financial Services Agency (FSA) pointed out that such products are essentially linked to the price of spot crypto assets and fall under the category of crypto derivatives, with insufficient risk disclosure and regulatory framework. As a result, IG Securities has announced the cessation of CFD trading based on US spot Bitcoin ETFs (such as IBIT). Regulatory direction indicates that Japan is unlikely to liberalize overseas ETF-linked crypto derivatives in the short term.PANews reported on December 9th that, according to Yahoo News, the Japanese Financial Services Agency has revised its Q&A, explicitly stating that the availability of derivatives such as CFDs (Contracts for Difference) based on overseas cryptocurrency ETFs in Japan is "not ideal," citing the lack of approval for cryptocurrency ETFs in Japan and insufficient investor protection. Japan's Financial Services Agency (FSA) pointed out that such products are essentially linked to the price of spot crypto assets and fall under the category of crypto derivatives, with insufficient risk disclosure and regulatory framework. As a result, IG Securities has announced the cessation of CFD trading based on US spot Bitcoin ETFs (such as IBIT). Regulatory direction indicates that Japan is unlikely to liberalize overseas ETF-linked crypto derivatives in the short term.

Japan's Financial Services Agency: It's unlikely that the restrictions on overseas ETF-linked crypto derivatives will be lifted in the short term.

2025/12/09 13:24

PANews reported on December 9th that, according to Yahoo News, the Japanese Financial Services Agency has revised its Q&A, explicitly stating that the availability of derivatives such as CFDs (Contracts for Difference) based on overseas cryptocurrency ETFs in Japan is "not ideal," citing the lack of approval for cryptocurrency ETFs in Japan and insufficient investor protection.

Japan's Financial Services Agency (FSA) pointed out that such products are essentially linked to the price of spot crypto assets and fall under the category of crypto derivatives, with insufficient risk disclosure and regulatory framework. As a result, IG Securities has announced the cessation of CFD trading based on US spot Bitcoin ETFs (such as IBIT). Regulatory direction indicates that Japan is unlikely to liberalize overseas ETF-linked crypto derivatives in the short term.

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PANews reported on December 11th, citing CoinDesk, that President Trump's actions against the "debanking" of controversial industries such as digital assets have prompted the Office of the Comptroller of the Currency (OCC) to release a new report. The report further confirms past practices and warns that banks suspected of involvement could face penalties. This brief OCC report reviewed nine of the largest national banks in the United States, concluding that "between 2020 and 2023, these banks developed public and private policies that restricted certain industries from accessing banking services, including requiring escalating reviews and approvals before providing financial services." The report states that some large banks set higher barriers to entry for controversial or environmentally sensitive businesses, or activities that contradict the banks' own values. Financial giants such as JPMorgan Chase, Bank of America, and Citigroup are highlighted, with links to their past public policies, particularly those concerning environmental issues. The report states, "The OCC intends to pursue accountability for any illegal 'debanking' activities by these banks, including referring related cases to the Attorney General." However, it remains unclear which specific laws these activities may have violated.
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PANews2025/12/11 09:04