Japan’s financial regulator, the Financial Services Agency (FSA), has reportedly decided not to move forward with its plans to allow listed derivatives based on digital currencies. However, the FSA could still approve crypto exchange-traded-funds (ETFs) that are used to track the prices of digital assets, according to Bloomberg. Sources familiar with the matter also noted that the FSA’s decision to not allow bitcoin futures or ether (ETH) options in one of the world’s largest markets for cryptoassets could be seen as a setback for investors.
