Japan’s FSA plots harsher digital currency regulation
The regulations are expected to be brought in before summer next year, with a view to provide greater consumers and investors protection.
Latest Financial Services Agency News
Japan forms unit to oversee digital currencies as it steps up regulation efforts
The country’s financial services regulator has reportedly established a new unit that will oversee the industry, even as the Finance Ministry increases its headcount to better police the rapidly growing industry.
Regulatory walls are closing in on Binance
Binance came under regulatory fire on three continents in the space of a single weekend, another sign that the enforcement walls are rapidly closing in on the troubled cryptocurrency exchange.
Japan warns derivatives platform Bybit over alleged illegal operations
The Financial Services Agency said Bybit is allowing Japanese residents to register and leverage the exchange, despite not having the proper registration to offer such services in the country.
Japan new financial regulator chief calls for digital yen
Ryozo Himino, incoming head of the Financial Services Agency, has voiced his concern over calls to relax the current digital currency laws.
Japan regulator certifies 2 new digital currency associations
Japan STO Association and Japan Virtual Currency Exchange Business Association are now formally recognized as self-regulatory groups.
Line crypto exchange Bitmax goes live in Japan
Japan’s messaging and internet company Line has launched Bitmax, its cryptocurrency exchange for the Japanese market.
LINE wins crypto exchange license from Japan’s FSA
Japan’s most popular messaging app hopes to flatten the relationship between users and service providers.
Interest in cryptocurrencies in Japan continues to drop
The number of enquiries into crypto has dropped for five straight quarters.
International financial watchdog’s new leader is a crypto expert
The Financial Stability Board has just added Ryozo Himino, a cryptocurrency expert, to its team that could prove to be very lucrative for the future of global adoption of digital currencies.
Zaif exchange operator shutting down after refunding hack victims
Osaka-based Tech Bureau Corp. would no longer offer exchange services after it had returned funds to customers of embattled Zaif crypto exchange.
FSA charges Japanese crypto exchange Zaif with ‘legal violations’
It appears the FSA has been running Ziaf for a few months now due to several violations by the crypto exchange