Japanese Senate Member Fujisawa Jianshi: Encrypted Asset ETF has three major advantages

According to Coinpost, on May 30th, Japanese Senate member Fujiwara Kenji proposed to the Senate Finance Committee the issues of encrypted asset ETFs and taxation systems. He pointed out three advantages of the crypto-asset ETF: the entry of institutional investors can improve the liquidity of the entire market; it can minimize the damage of hacker attacks; it is ideal from a tax perspective. Earlier, on May 30, at the Japanese Senate Finance Committee, the Financial Services Agency (FSA) took a cautious stance on the introduction of cryptocurrency ETFs.