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The Osaka exchange in Japan is considering launching Crypto Assets derivation and ETF.
[Chain News] PANews, July 30 - According to reports, the Osaka Exchange, a subsidiary of the Japan Exchange Group (JPX), is considering listing cryptocurrency derivatives. The president of the Osaka Exchange, Ryosuke Yokoyama, stated in an interview that cryptocurrency-related products are "one of the potential candidate varieties" and will fully study overseas product specifications while closely monitoring the regulatory trends of the Japanese Financial Services Agency. Yokoyama also mentioned that the company will consider launching ETFs related to crypto assets. Since the Osaka Exchange primarily operates derivatives, if realized, the ETF will be listed on the Tokyo Stock Exchange. Previously, JPX CEO Hiromi Yamato stated at a routine press conference in March that the "new asset class needed for the era" proposed in the company's mid-term business plan also includes crypto assets.