Reuters: Japanese encryption industry participants are hoping for regulatory easing and are competing for market share.

PANews, November 5 - According to Reuters, from launching new products and services in Japan to promoting Margin Trading, Japanese cryptocurrency exchanges and financial companies are seizing the opportunity created by the increasing enthusiasm of investors for digital assets under the expectation of relaxed regulations. As of the end of July, the scale of cryptocurrency assets held by Japanese investors surpassed a record of 50 trillion yen, a rise of 25% compared to just a month ago. During the same period, Bitcoin, as the main Holdings, saw an increase of only 15% when priced in yen. By the end of September, the Holdings slightly decreased to 49 trillion yen. Nowadays, industry participants are preparing to accelerate the rise. The regulatory changes under discussion may attract more retail investors by reducing cryptocurrency capital gains tax and easing restrictions on lending and asset securitization transactions. Satoshi Hasuo, a representative director of Coincheck, pointed out that the number of securities accounts is about three times that of cryptocurrency accounts, indicating that there is still enormous potential in the market, and it is necessary to think about how to attract this group of investors. CJ Fong from market maker GSR also stated that there has been increased communication with Japanese exchanges and financial companies this year, aiming to provide more liquidity for digital assets. The CEO of Bitbank believes that the Trump administration has led to a warming of Japan's attitude towards cryptocurrency. Currently, the Financial Services Agency of Japan is improving the rule amendment plan, which is expected to be implemented in 2026 or 2027 after being discussed and approved by the parliament.