If newly proposed legislation passes, Japan will start allowing investment funds to hold digital assets. According to a new Bloomberg report, Japanese Prime Minister Fumio Kishida’s administration is proposing revised legislation that would lift a restriction that prevents investment funds and venture capital firms from directly holding cryptocurrencies. Says the proposal, which was approved by The post Investment Funds Will Be Allowed To Hold Crypto Under New Legislation in Japan: Report appeared first on The Daily Hodl .
