PANews reported on November 5th, citing Reuters, that Japanese cryptocurrency exchanges and financial companies are seizing the opportunity presented by surging investor enthusiasm for digital assets, aiming to profit from the anticipated deregulation, by launching new products and services and promoting leveraged trading. As of the end of July, Japanese investors' cryptocurrency holdings surpassed a record 5 trillion yen, a 25% increase from just one month prior. During the same period, Bitcoin, a major holding, saw its yen-denominated price rise by only 15%. By the end of September, holdings had slightly decreased to 4.9 trillion yen.

Industry players are now preparing for accelerated growth. Regulatory changes under discussion could attract more retail investors by reducing cryptocurrency gains tax and easing restrictions on lending and asset securitization transactions. Satoshi Hasuo, representative director of Coincheck, points out that securities accounts are about three times the number of cryptocurrency accounts, indicating significant market potential, and ways to attract these investors need to be considered. CJ Fong of market maker GSR also stated that there has been increased communication with Japanese exchanges and financial companies this year, aiming to provide more ample liquidity for digital assets. The CEO of Bitbank believes the Trump administration has led to a warmer attitude towards cryptocurrencies in Japan. Currently, the Japanese Financial Services Agency is finalizing its rule amendment proposals, which are expected to be implemented in 2026 or 2027 after parliamentary discussion and approval.