TOKYO -- Japan appears hesitant to scale the tax and other hurdles that stand in the way of approving exchange-traded funds (ETFs) that track bitcoin prices despite growing expectations in the cryptocurrency industry.
Cryptocurrencies
Japan's path to bitcoin-linked ETF trading pocked with obstacles
Tax policies, financial laws and regulators all stand in the way
The U.S. securities regulator approved the first bitcoin ETFs in January. Among them, an ETF managed by BlackRock has amassed bitcoins worth a total of $16.5 billion. © Reuters
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