bitcoin's Financial Services Agency (FSA) has scotched rumours it is considering approving a Japan exchange-traded fund, and said there was "no need for trading crypto-assets derivatives at financial instruments exchanges". The comments followed recent reports that the FSA was pondering giving the green light to Japan ETFs as an alternative to Japan futures.
Japan's Financial Services Agency (FSA) has scotched rumours it is considering approving a bitcoin exchange-traded fund, and said there was "no need for trading crypto-assets derivatives at financial instruments exchanges". The comments followed recent reports that the FSA was pondering giving the green light to bitcoin ETFs as an alternative to bitcoin futures.