JAPAN: The domestic affair minister Crypto-refuses to involve government intelligence involvement

2018-7-20 08:31

Japan’s Internal affairs minister Seiko Noda has denied her involvement in a government investigation into the operation of a non-registered cryptocurrency exchange, local news outlet the Asahi Shimbun reported July 19.
In January, the Financial Services Agency (FSA) reportedly suspected a Tokyo-based company of violating the law by operating a non-registered cryptocurrency exchange.
The matter reportedly concerns a meeting Noda’s office held with the FSA regarding the alleged company in the presence of the company’s representative.
According to the Asahi Shimbun, an FSA official visited Noda’s office on January 30 to explain the agency’s position toward the regulation of funds raising by issuing cryptocurrency to Noda’s aide and the company’s representative.
Since we received a request for details of the regulations concerning cryptocurrency exchanges, we arranged [for a meeting with the agency].

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