According to @rovercrc, Japan is considering new rules that would allow domestic banks to trade and hold Bitcoin BTC, which would represent a material regulatory shift if confirmed by authorities, source: @rovercrc on X. As of 2024, Japanese banks have been restricted from directly dealing in crypto assets under the Banking Act, while crypto-asset exchange services are regulated under the Payment Services Act with oversight by the Financial Services Agency JFSA, source: JFSA public guidance. Any confirmation would typically appear via JFSA rulemaking or related cabinet orders and Diet updates, so traders should wait for official JFSA or Bank of Japan notices before repositioning on BTC-JPY pairs, source: JFSA and Bank of Japan disclosure practices. For operational clues and timelines, monitor official JFSA releases and statements from major banks including MUFG, SMBC, and Mizuho regarding custody or trading frameworks, source: JFSA registries and MUFG investor relations materials.