Crypto Exchanges
By Pankaj K
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What SBI and Rakuten Are Actually Building. Details are still pretty thin. Neither SBI Securities nor Rakuten Securities has published full…
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Eleven Other Firms Are Waiting on Rules. Here's where it gets interesting. A survey found that 11 other companies are open to offering…
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Regulatory Clarity Is the Only Blocker Left. The companies monitoring this situation are closely aligning their strategies with whatever…
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Japan's two heavyweight retail brokers are moving. SBI Securities and Rakuten Securities both plan to launch cryptocurrency investment trusts, a step that could open digital…
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The news isn't entirely surprising. Both firms have been circling the crypto space for years, and the demand from retail clients has been hard to ignore.
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Details are still pretty thin. Neither SBI Securities nor Rakuten Securities has published full product specs, and further announcements are expected.
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That's a big deal for a market like Japan, where retail participation in equities is massive but crypto has stayed on the fringes of mainstream finance.
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And the timing matters. Interest in digital assets among Japanese retail investors has been building steadily.
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Japan's framework for digital assets has evolved, but gaps remain. The current uncertainty is a real barrier.
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That conditional interest from 11 firms is actually a significant signal. It says the demand is there, the appetite is there, but the industry won't race ahead of the regulators.
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See also: House Lawmakers Push CFTC to Fill Leadership Gaps as Crypto Oversight Grows
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Regulatory approvals are still pending for SBI and Rakuten too. The finalization of their plans hinges on how quickly Japan's authorities move to provide clearer guidelines.
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The broader picture for Japan's financial sector is worth sitting with for a moment. Traditional securities firms stepping into crypto — not as a curiosity, not as a pilot…
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The companies monitoring this situation are closely aligning their strategies with whatever guidelines emerge. That's not timidity — it's basic risk management.
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What's notable is how many players are essentially ready to go. Eleven companies expressing conditional interest isn't a small number.
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