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Este artículo también está disponible en español. According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve.  Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United States in exploring cryptocurrency reserves, Ishiba has expressed reservations, citing a lack of sufficient information to make an informed decision. The idea of a national Bitcoin reserve in Japan gained momentum after Satoshi Hamada, a member of the Japanese House of Councilors from the Party to Protect the People from NHK, floated the proposal during recent parliamentary discussions.  Hamada argued that Japan should explore diversifying its foreign exchange reserves by including crypto assets like Bitcoin, in line with what is reportedly being discussed in the US. Hamada stated: I think Japan should follow the example of the United States and consider turning some of its foreign exchange reserves into crypto assets such as Bitcoin. Responding, the Japanese Prime Minister said that his government simply lacks enough information about the US and other countries’ plans for a strategic Bitcoin reserve. As a result, Japan cannot commit to creating a BTC reserve just yet. Related Reading Ishiba reportedly said that he does not have enough understanding of the “movements” taken by the US with regard to establishing a Bitcoin reserve. He concluded, saying that “it is difficult for the government to express its views.” Further, with regard to the idea of converting some of its foreign exchange reserves into digital assets such as BTC, Ishiba cleared the air saying cryptocurrencies do not fall under the foreign exchange category. A Strategic Reserve May Shoot Up Bitcoin’s Price Earlier this month, Federal…

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Filed under: News - @ December 26, 2024 10:13 pm