PANews reported on March 4 that according to Bloomberg, people familiar with the matter revealed that Japan's Dojima Exchange plans to complete preparations for the application for listing of Bitcoin futures by the end of this month. If the application is approved, this will be the first case in Asia where a traditional exchange has launched Bitcoin futures. If approved by the Japanese Financial Services Agency, the Dojima Exchange may start trading Bitcoin futures denominated in yen as early as fiscal 2025.
Japan's Financial Services Agency is considering whether to include cryptocurrencies in the regulatory scope of the Financial Instruments and Exchange Act to strengthen investor protection. This move may also pave the way for the lifting of the ban on listed investment trusts (ETFs) for cryptocurrencies such as Bitcoin.
