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[Japan Plans to Allow Banks to Hold Bitcoin, Potentially Reshaping Its Position in Digital Finance] On October 21, Japan's Financial Services Agency plans to promote banks holding digital assets such as Bitcoin and allow them to register as cryptocurrency exchanges. If the bill passes, it will end the related ban in place since 2020. This move aims to provide banks with new investment channels while establishing a risk protection framework, enhancing Japan's position in the global digital financial system. Meanwhile, Sanae Takaichi is set to become Japan's first female prime minister, and her economic policies have sparked market enthusiasm, with the Nikkei Index hitting new highs for two consecutive days. Analysts believe that policy liberalization and political transition may usher in a new cycle for Asian asset structures. The future focus will be on regulatory details and the pace of banks entering the market.

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