CoinVoice has learned that, according to Coinpost, the Japanese government has made an official response to Senator Akira Hamada's inquiry regarding 'the promotion of Bitcoin reserves by the United States and other countries.' On December 11, Hamada previously suggested, 'Japan should follow the example of the United States and other countries and consider converting part of its foreign exchange reserves into Bitcoin and other cryptocurrencies.'
In response, the Japanese government stated that it has not yet fully grasped the relevant trends of the United States and other countries, believing that discussions in other countries about introducing Bitcoin reserves are still ongoing, and 'the government finds it difficult to take a position on the specific situation.' According to the legal framework governing special accounting operations, 'cryptographic assets do not fall under foreign exchange,' and the current foreign exchange reserves are aimed at maintaining the stability of foreign currency assets and foreign currency bond markets.
The defense document repeatedly emphasizes that ensuring the security and liquidity of foreign exchange reserves is the primary task of special accounting operations, implying that the volatility of cryptocurrencies like Bitcoin is inconsistent with the current system. [Original link]
