Reuters: Japanese encryption industry participants hope for regulatory easing, competing for market share.

On November 5, Coin World reported that, according to Reuters, Japanese crypto exchanges and financial companies are seizing opportunities to profit from the rising enthusiasm of investors for digital assets, from launching new products and services in Japan to promoting Margin Trading, under the expectation of relaxed regulations. By the end of July, the scale of crypto assets held by Japanese investors surpassed 50 trillion yen, a 25% rise compared to just a month earlier. During the same period, Bitcoin, which is a major holding, saw a rise of only 15% when priced in yen. By the end of September, the holding scale slightly decreased to 49 trillion yen. Nowadays, industry participants are preparing for accelerated growth. Proposed regulatory changes may attract more retail investors get on board by reducing crypto asset capital gains tax and easing restrictions on lending transactions 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 crypto asset accounts, indicating that there is still significant market potential to consider 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 sufficient Liquidity for digital assets. The CEO of Bitbank believes that the Trump administration has warmed Japan's attitude towards crypto assets. Currently, the Financial Services Agency of Japan is improving the rule amendment proposal, which is expected to be implemented in 2026 or 2027 after being discussed and approved by the parliament.