Japan Approves Self-Regulation for Cryptocurrency Industry

Updated: 29 July 2021

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Japan’s primary financial regulator has formally granted the cryptocurrency industry with a self-regulatory status by allowing an industry body to police domestic exchanges. The Financial Services Agency (FSA) on Wednesday approved the Japan Virtual Currency Exchange Association (JVCEA), a body comprised of all 16 licensed domestic cryptocurrency exchanges, to become a ‘certified fund settlement business

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Samburaj Das

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Japan Approves Self-Regulation for Cryptocurrency Industry

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