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Japan’s government remains cautious about Bitcoin reserves due to volatility issues

Japan’s government exercises caution regarding Bitcoin reserves, emphasizing its volatility and the current foreign exchange laws that deem it incompatible. This cautiousness reveals difficulties in assimilating cryptocurrencies into national financial frameworks.

Japanese authorities recognize a limited understanding of global Bitcoin developments, asserting that discussions on cryptocurrency reserves are still in preliminary stages. Their hesitation underscores the necessity for Japan to engage more proactively with evolving international cryptocurrency policies.

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