Japan's Dojima Exchange Plans Bitcoin Futures Launch

According to PANews, sources indicate that Japan's Dojima Exchange is preparing to submit an application for listing Bitcoin futures by the end of this month. If approved, this would mark the first instance of a traditional exchange in Asia offering Bitcoin futures. The exchange could potentially launch yen-denominated Bitcoin futures trading within the 2025 fiscal year, pending approval from Japan's Financial Services Agency (FSA). The FSA is currently evaluating whether to include cryptocurrencies under the Financial Instruments and Exchange Act to enhance investor protection. This move could also pave the way for the approval of exchange-traded funds (ETFs) for Bitcoin and other cryptocurrencies.