Japan’s financial regulator is considering allowing banking group members to offer cryptocurrency trading services, seeking to increase market access and competition. The FSA is also looking at lifting bans on banks holding cryptocurrencies for investment. The move aims to level the playing field with securities company groups dominating the market, such as Rakuten Wallet and SBI Holdings. Regulators plan to ensure clear risk explanations for retail investors due to crypto volatility.

Read more at Yahoo Finance: Japan mulls letting banking groups offer crypto trading services, Nikkei reports