Japan is on the verge of a significant shift in its approach to cryptocurrency, as the Financial Services Agency (FSA) considers a proposal that would allow banks to buy, hold, trade, and store Bitcoin. This change could position cryptocurrencies similarly to stocks and government bonds, fostering a more regulated and secure environment for digital assets. This matters because it could enhance the legitimacy of cryptocurrencies in Japan, attract more institutional investment, and potentially set a precedent for other countries to follow.