Tokyo Stock Exchange assesses the use of cryptocurrencies

The Tokyo Stock Exchange announced that it is carrying out the necessary procedures to start issuing bitcoin derivatives and to define the legal status of these cryptocurrencies within the stock market.

For his part, TFX CEO Shozo Ohta said he recently met with firms such as JP Morgan Chase & Co and Barclays Bank Plc to create a working group to study cryptocurrency and its impact on the stock market. .

Likewise, Otha adds that it is indispensable that the Law of Exchange and Financial Instruments recognize cryptocurrencies as financial products.