According to Coinpost, the Japanese government recently made a formal response to inquiries raised by Senator Satoshi Hamada regarding the latest developments in the United States and other countries promoting Bitcoin reserves. The written response was issued in the name of Prime Minister Shiohisa Ishiba and clarified the government's stance on the possibility of holding crypto assets as reserves. The reply pointed out that Japan is currently unaware of the movements concerning the introduction of Bitcoin reserves by the United States and other countries because these plans are still in the discussion stage, making it 'difficult for the government to express its views.' Additionally, according to the legal framework governing special accounts, 'crypto assets do not fall under the categories of foreign exchange,' and the current foreign exchange reserves are intended to stabilize foreign currency assets and foreign currency bond markets. The reply emphasized multiple times that the management of special accounts prioritizes ensuring the safety and liquidity of foreign exchange reserves. This indicates that the government recognizes the volatility of crypto assets, including Bitcoin (price fluctuations), as inconsistent with the current system. Prime Minister Ishiba's official response further indicated that as discussions regarding the inclusion of crypto assets in national reserve strategies progress both domestically and internationally, the Japanese government remains cautious.

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