Japan’s FSA, Timeline for Legal Reforms of Bitcoin Futures Listing Undecided

Japan’s FSA, Timeline for Legal Reforms of Bitcoin Futures Listing Undecided

An official from Financial Services Agency(FSA) was cited as saying that FSA has not yet planned to consider legal amendment for cryptocurrency futures listing, according to a Bloomberg report.

The possibility of revising its current law would depend on the future environment of the cryptocurrency market in Japan and overseas, the report added.

The Tokyo Financial Exchange would aim at listing (bitcoin futures) hereafter and hold experts meeting on virtual currency early next month.

In the United States, the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) have launched bitcoin futures trading in December 2017.

Source :  Bloomberg