Japanese Financial Services Agency Set To Shake Up Current Regulation Framework

Japanese Financial Services Agency Set To Shake Up Current Regulation Framework
фото показано с : cryptodaily.co.uk

2018-7-4 13:50

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.

Within this, exchanges must meet very specific requirements and also seek approval from the FSA in order to operate. The idea behind this is to protect customers from cybercrime and to also ensure that the exchanges are protecting their customers assets.

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