
2018-10-24 18:43 |
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.
The self-regulatory status allows the Japan Virtual Currency Exchange Association to police exchanges for any violations, Reuters reports. It appears the decision was made in response to the rapidly changing cryptocurrency market. “It’s a very fast moving industry. It’s better for experts to make rules in a timely manner than bureaucrats do,” a senior FSA official…
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