Crypto assets can be part of various portfolio, says Japan’s finance minister Kato

Japan’s finances Minister Katsunobu Kato said on Monday that cryptocurrencies could be part of a variety of portfolio.

“Crypto properties have risks surrounding high volatility, but by developing an appropriate investment environment, they can be part of a variety of investments,” Kato said while speaking at a Tokyo event, Bloomberg said.

The minister added that the government tried to make sure the change was not stifled by excessive regulation.

Kato’s comments were particularly noticeable in Japan’s Utang-GDP ratio of more than 200%, which raised concerns about imminent financial suppression and potential depletion of yen.

Financial finance involves policies aimed at reducing government debt burdens through steps such as inflation, low or negative real interest rates, money losses and capital controls.

These policies tend to reduce traditionally fixed revenue and cash holdings, thus strengthening the appeal of alternative investments, such as cryptocurrencies, which offer real returns and variations.

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