Japan asset managers weigh developing crypto investment products

6 major firms eye new funds ahead of expected regulatory changes

20251118N bitcoin

Reforms to Japan's laws next year could reclassify cryptocurrencies as financial products, lowering the tax rate on gains. (Nikkei montage/Reuters)

KINU YONAGA and LEJUN WANG

TOKYO -- Major asset management players in Japan are planning to develop the country's first investment trusts that incorporate cryptocurrencies as the top financial regulator here weighs allowing such funds.

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