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Japanese Financial Services Authority Approves Self-Regulation for Crypto
Japan’s Financial Services Agency (FSA) has granted self-regulatory status to the country's cryptocurrency industry, giving the Japan Virtual Currency Exchange Association (JVCEA) authority to oversee the space, according to a Reuters report. дальше »
2018-10-25 21:29 | |
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Japan grants cryptocurrency industry self-regulatory status
Japan has been wrestling the cryptocurrency beast for some time and it looks like the country’s government has finally found a way to end the skirmish. The Japanese Financial Services Agency (FSA) has today given the green light to let the industry regulate itself. дальше »
2018-10-24 18:43 | |
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Japan’s financial regulator grants cryptocurrency industry self-regulatory status
On October 23, Japan’s Financial Services Agency (FSA) gave the cryptocurrency industry self-regulatory status, permitting the Japan Virtual Currency Exchange Association (JVCEA), a body comprised of all 16 licensed domestic cryptocurrency exchanges, to police and sanction exchanges for any violations. дальше »
2018-10-25 15:54 | |
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Breaking News: Cryptocurrency Self-Regulation Approved by Japan’s FSA
The Japanese Financial Services Agency (FSA) today (October 24) approved the self-regulation of the country’s cryptocurrency industry. Based on this decision, the Japan Virtual Currency Exchange Association (JVCEA) can exercise oversight over the operations of virtual currency exchanges in the country. дальше »
2018-10-24 14:08 | |
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Int’l Financial Watchdog FATF to Introduce Cryptocurrency Rules in 2019
The Financial Action Task Force (FATF) – an international agency which is intended to tackle criminal activity across the globe, is set to issue the first set of rules regarding cryptocurrency regulations in 2019. дальше »
2018-10-22 17:00 | |
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Rain Financial Aims to Be First Fully Regulated Crypto Exchange in Persian Gulf Region
Crypto investors are now becoming discerning when it comes to dealing with crypto exchanges and would rather pick one that is overseen by a government agency. Thankfully, investors in the Persian Gulf region will soon have a fully regulated crypto exchange in their midst — the Bahrain-based Rain Financial. дальше »
2018-10-15 16:59 | |
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Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. дальше »
2018-10-8 21:05 | |
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VanEck/SolidX ETFs Delayed Again as SEC Seeks Comment on Fund Proposal
The U. S. Securities and Exchange Commission (SEC) has once again postponed a decision on the application for a Bitcoin Electronically Traded Fund (ETF) by VanEck and SolidX, in what is the latest update in a protracted regulatory process that has dragged on for several months. дальше »
2018-9-21 19:06 | |
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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. дальше »
2018-9-21 23:45 | |
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“Someone’s Got to Be the Voice of Reason” — Kraken Responds to NY AG Report
The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing back, saying it does not appreciate what it sees as implications of illegality. дальше »
2018-9-21 18:10 | |
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Huobi Enters Japanese Market With BitTrade Acquisition
Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market. дальше »
2018-9-14 22:25 | |
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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD). дальше »
2018-9-11 01:58 | |
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SEC Suspends Trading of XBT Provider’s Bitcoin Exchange-Traded Product
The U. S. Securities and Exchange Commission has suspended the trading of two XBT Provider products: Bitcoin Tracker One and Ether Tracker One. The agency attributes “a lack of current, consistent and accurate information” which leads to “confusion amongst market participants” as the reason. дальше »
2018-9-10 06:55 | |
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ETF Applications Don’t Fit the SEC Archetype: Abra CEO
The year began with hopes that cryptocurrency ETFs will be listed on prominent exchanges and help more investors dive into the market. However, ever since two proposals from the Winklevoss twins were rejected, the investors have been waiting anxiously for the Securities and Exchange Commission (SEC) to approve another proposal. дальше »
2018-9-6 17:59 | |
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Japanese FSA Introduces New Tight Regulations for Upcoming Exchanges
The crypto-friendly Japanese markets became the target of one of the biggest heist in crypto history a few months ago. Since then, Japan’s Financial Services Agency (FSA) has taken a few strict steps to curb activities at cryptocurrency exchanges. дальше »
2018-9-4 17:29 | |
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Japan to Carry out More Extensive Screening Activities for new Cryptocurrency Exchanges
In a bid to protect investors’ interest and make it difficult for bad actors to launch cryptocurrency trading platforms in Japan, the Financial Services Agency (FSA) has tightened its screening process for new virtual currency exchanges, as first reported by the Japan Times on September 2, 2018. дальше »
2018-9-4 05:00 | |
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Japan’s FSA Imposes Tighter Regulations for Crypto Exchanges
Japan’s Financial Services Agency (FSA) has pulled the reins in on aspiring and existing cryptocurrency exchanges by implementing a more rigorous screening process for risk-management procedures, according to Japan Times. дальше »
2018-9-4 01:00 | |
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Japan Introduces New Screening Requirements for Crypto Exchanges
Japan’s financial regulator has reportedly introduced new screening requirements for crypto exchanges seeking approval to operate in the country. The agency now extends its focus beyond the registrants’ financial health and system safety measures. дальше »
2018-9-3 04:55 | |
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Japan’s FSA Enhances Risk Screening Process for Crypto Exchanges
New crypto exchanges will now face a new regulatory rule after reports emerged that Japan’s Financial Services Agency (FSA) has tightened up the existing screening process. According to JapanTimes, the new measures were taken in order to ensure that the crypto exchanges are properly conducting risk management. дальше »
2018-9-3 23:07 | |
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160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals
Japan’s top financial regulator has revealed exclusively to news. Bitcoin. com the number of crypto exchanges seeking to enter the Japanese market. The agency also confirms the number of existing exchanges that have exited the industry, leaving only three applications currently being reviewed. дальше »
2018-9-1 14:25 | |
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U.S. SEC Denies Nine More Bitcoin ETFs
The United States Securities and Exchange Commission (SEC) just put nine more bitcoin exchange traded funds (ETFs) on the chopping block. In three separate orders issued on August 22, 2018, the agency nixed the proposals and contingent rule changes for ETF filings submitted by ProShares, GraniteShares and Direxion. дальше »
2018-8-23 18:18 | |
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Japan FSA: We Have ‘No Intention’ To ‘Excessively’ Regulate Cryptocurrency
The head of Japan’s financial regulator the Financial Services Agency (FSA) has confirmed there was “no intention” to introduce “excessive” controls on the country’s cryptocurrency industry. Japan FSA: ‘We’d Like To See It Grow’ Speaking to Reuters in private comments August 22, Toshihide Endo said that despite strict management of Japan’s cryptocurrency exchanges, a crackdown in the form of fresh restrictions was not on the cards. дальше »
2018-8-23 00:00 | |
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Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges
The Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use the findings to tighten its review procedures of new crypto exchange applicants, including over 100 companies that have been waiting to be reviewed. дальше »
2018-8-11 10:05 | |
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Japan’s Financial Watchdog Publishes Results of Its On-Site Crypto Exchange Inspections
Japan’s Financial Services Agency, has published the results of its on-site inspections of crypto exchanges, saying it plans to bolster regulatory oversight
дальше »2018-8-11 00:40 | |
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Japan’s FSA Set to Introduce New Cryptocurrency Regulations After Speculative Trading Runs Rampant
Per a report published on August 8, 2018, the Japanese Financial Services Agency (FSA), which is also Japan’s premier financial regulatory body, is planning to update its existing regulatory framework for bitcoins and other cryptocurrencies. дальше »
2018-8-10 20:30 | |
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Restrictions coming to Japanese bitcoin exchange
Exchanges The association of 16 government-approved bitcoin exchanges is reportedly working on imposing a number of trading restrictions. Japan Confirms Entrance Into the Crypto Space Possible Trading Caps According to Jiji Press news agency, the Japan Virtual Currency Exchange Association (Jvcea) is planning to set trading limits for its crypto exchange members. Last month, Nikkei дальше »
2018-7-31 22:42 | |
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Lawmakers pushed to pass South Korea’s first Cryptocurrency Bill
Following a billions-worth heist of cryptocurrency exchanges, South Korea’s financial regulator urged lawmakers to pass the bill bringring exchanges under the FSC’s direct supervision. Over a month ago, two largest cryptocurrency exchanges, operating in South Korea became victims of infamous hackers’ attacks. дальше »
2018-7-28 23:10 | |
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BITPoint, Bitbank, Bitflyer, BtcBox, Tech Bureau & Quoine Comply With Japan’s FSA Orders
The nation of Japan has sixt crypto exchanges which are approved by the administration. Of these, six have in recent times registered their submissions for corporate improvement plans to Financial Services Agency (FSA), Japan’s fiscal supervisory body. дальше »
2018-7-27 15:58 | |
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Gamblers in India Could Soon Place Their Bets in Crypto
As cryptocurrency exchanges eagerly await the RBI ban ruling, a government agency has proposed using virtual currencies as payment for legalized gambling services in India. What a great week for Bitcoin! It broke through the $8,000 barrier and is taking the lion’s share of market dominance. дальше »
2018-7-26 20:00 | |
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Policy revocation, New Krypto classification in South Korea
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 11:26 | |
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Korean Regulations: Policy Alteration, New Crypto Classic, Central Bank Report
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 09:46 | |
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Policy Easing, New Crypto Classification in South Korea
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. дальше »
2018-7-9 08:15 | |
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What Is the J5 Initiative?
Cryptocurrency users have a few interesting habits when it comes to dealing with taxes. This has caused the IRS to launch official investigations involving cryptocurrency exchanges. Additionally, it seems the agency has co-founded the J5 initiative, or Joint Chiefs of Global Tax Enforcement. дальше »
2018-7-5 22:00 | |
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FSA Denies Plans to Make Changes to Regulations Governing Cryptocurrency Exchanges
Japan’s Financial Services Agency (FSA) finally refuted recent reports stating that it plans to make some changes to existing cryptocurrency regulations. The FSA is the government agency responsible for regulating the insurance, securities, exchange, and banking sectors in the country to ensure the stability of the financial system. дальше »
2018-7-5 16:39 | |
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Japanese Financial Authorities Set to Review Cryptocurrency Regulations
With the incessant attacks on cryptocurrency exchanges in one of the most crypto-friendly nations, the Japanese government is not leaving any stone unturned in their quest to secure their financial sector by putting in place measures that will prevent wrongdoing and provide adequate security for the sector Stringent Laws The agency responsible for the security […] The post Japanese Financial Authorities Set to Review Cryptocurrency Regulations appeared first on ZyCrypto. дальше »
2018-7-5 21:55 | |
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Japanese Financial Services Agency Set To Shake Up Current Regulation Framework
The Financial Services Agency of Japan (FSA) are now notorious for their stance on cryptocurrency exchanges. Internationally, Japan are spearheading a movement towards cryptocurrency regulation through their regulation of cryptocurrency exchanges in the country. дальше »
2018-7-4 13:50 | |
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Japanese Financial Institution Will Change Virtual Money Trading Rules
Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3. The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act. Should дальше »
2018-7-3 09:06 | |
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Japanese Financial Services Agency to Change Crypto Exchange Regulations
Japan’s financial regulator the Financial Services Agency is considering to change the legal basis for how it regulates cryptocurrency exchanges
дальше »2018-7-3 06:41 | |
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Korean Authorities Investigating Personal Data Security of Crypto Exchanges
The Korean Communications Commission (KCC) and the Korean Internet & Security Agency (KISA) will be launching a joint probe into crypto exchange operators’ handling of personal data, Chosun news reports Monday, July 2. дальше »
2018-7-3 02:32 | |
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Philippines’ Financial Zone Making Crypto Controls, Authorizing 25 Exchanges
Regulation The authority of the Filipino government-owned economic zone is drafting regulations for cryptocurrencies and planning to limit the number of licenses it issues to 25. Japan Confirms Entrance Into the Crypto Space Drafting Crypto Regulations Philippines’ Cagayan Economic Zone Authority (CEZA) is “crafting rules to safeguard cryptocurrency investors,” according to the Philippine News Agency, дальше »
2018-7-1 22:11 | |
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More crypto regulation coming to south korea
According to the recent annoncement made by South Korea’s Financial Services Commission (FSC), the main financial agency of South Korea, the new anti-money-laundering and know-your-customer rules for crypto exchanges will come into force on July 10, 2018, and will be actual for one year. дальше »
2018-6-30 00:15 | |
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Bitbank and BitFlyer CEOs Abandon Their VP Positions at Japan’s Cryptocurrency Self-Regulatory Body
Bitbank and BitFlyer CEOs left their vice-president positions at the Japan Virtual Currency Exchange Association (JVCEA) after their exchanges received regulatory warnings from the country’s Financial Services Agency (FSA). дальше »
2018-6-29 11:00 | |
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Japan’s Trades Administrative Turning Point: How and Why Specialists Wrested Control
Bitcoin businesses were booming in Japan — especially exchanges — but there came a turning point. This prompted Japanese authorities to finally step in and begin a path of strong and rigid regulation on cryptocurrency exchanges across the nation. дальше »
2018-6-27 20:26 | |
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What Will New FSA Head Mean for Japanese Cryptocurrency Exchanges
As the position of minister of the FSA is about to change hands, questions about the future of regulations on cryptocurrency and blockchain based technology arise in Japan. Japan’s FSA to Change Hands As the current minister of Japan’s Financial Security Agency, Nobuchika Mori, heads into what most assume will be his last week guiding. дальше »
2018-6-27 14:00 | |
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Crypto Exchanges Respond to Orders for Improvement
Exchanges Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Japan Confirms Entrance Into the Crypto Space Japan’s top financial regulator, the Financial Services Agency (FSA), issued business improvement orders to six regulated crypto exchanges on June 22. Crypto Exchange Association The Japan Virtual Currency дальше »
2018-6-26 21:19 | |
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Six Japanese Crypto Exchanges Respond to Regulator’s Improvement Orders
Six fully-licensed Japanese cryptocurrency exchanges have responded to the business improvement orders issued by the country’s top financial regulator. Two executives have also resigned from their positions as vice presidents of the recently formed crypto exchange association. дальше »
2018-6-26 17:20 | |
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Bitcoin Price Watch: Is the Recent Drop Part of a Bigger Picture?
At press time, bitcoin is retaining its $6,100 price from yesterday. The currency fell to this position from $6,700 after Japan’s Financial Services Agency (FSA) sent notifications to more than five digital currency exchanges saying that they must heighten their security measures against money laundering after noticing weaknesses in their infrastructures. Bitcoin has continued to […] дальше »
2018-6-24 23:35 | |
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Japanese Financial Services Agency Increase Clampdown
The Japanese Financial Services Agency (FSA) the team behind the new exchange regulation movement, are allegedly imposing further restrictions on a number of exchanges within Japan, who are failing to meet up with their new, strict regulations. дальше »
2018-6-23 15:00 | |
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