Japan is accelerating its roadmap for the approval of crypto ETFs by 2028.

Japan is speeding up the roadmap for approving crypto ETFs, aiming for before 2028. According to analysis, this will pave the way for major financial institutions to participate in crypto, as has happened in the U.S.,

Corporations like Nomura and SBI Holdings are seen as the top candidates for the first crypto ETFs, indicating that Japan is shifting from cautious oversight to proactively integrating crypto into the traditional financial system. Despite having previously implemented strict regulations following incidents, Japan remains a pioneering country in recognizing Bitcoin and crypto as legal payment methods.

According to sources, Japan prioritizes long-term considerations, perfecting the legal framework for custody, pricing, and transparency of information, rather than hastily opening up based on studies of previous ETFs like those in the U.S. and Europe.