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Japan Rejects Bitcoin National Reserves Proposal Amid Global Crypto Trends

source-logo  coingape.com 26 December 2024 07:34, UTC

Japan’s government has officially rejected the idea of including Bitcoin in its national reserves, citing the cryptocurrency’s volatility and its classification outside traditional foreign exchange. This cautious stance contrasts with the growing enthusiasm from private sectors within the country, such as Metaplanet, which is actively investing in Bitcoin, highlighting a significant divide between government policy and private sector initiatives.

coingape.com