Japan Group Backs Prioritizing Bitcoin, Ether for Crypto ETFs [Yahoo! Finance Canada]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The large market value and “stable track record” of those cryptocurrencies make them suitable for investors to “build up assets over the medium to long term,” the group said in a set of proposals published on Friday. It also called for a review of taxation systems including separation of tax on income earned. The debut of crypto ETFs in the US earlier this year was considered a watershed moment for the digital-asset industry, which had long battled with regulators over putting out funds backed by Bitcoin and Ether. Japanese regulators have taken a more cautious approach so far, with the head of the Financial Services Agency casting doubt on the merits of such funds in an August interview. The group's members include major trust banks such as Mitsubishi UFJ Trust and Banking Corp. and Sumitomo Mitsui Trust Bank Ltd., crypto exchanges such as bitFlyer Inc. and brokerages including Nomura Securities Co. and SBI Securities Co. It added a disclaimer saying t
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MUFG
Earnings
- 8/2/24 - Beat
MUFG
Sec Filings
- 11/12/24 - Form 13F-HR
- 8/30/24 - Form 6-K
- 8/30/24 - Form 6-K
- MUFG's page on the SEC website