Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Japan’s Financial Services Agency is weighing reforms that could let banks hold cryptocurrencies like Bitcoin, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution. Meanwhile NFT marketplace OpenSea pivoting to a multi-asset exchange.
Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes.
The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday report from Livedoor News.
