Latest Financial Services Agency News

Stablecoins are not cryptocurrencies, Japan’s FSA confirms
Business 31 October 2018

Stablecoins are not cryptocurrencies, Japan’s FSA confirms

The Financial Services Agency (FSA) has said that stablecoins are not virtual currencies under the definition provided in the Payment Services Act, in a statement that could have profound effects on how stablecoins are regulated in Japan.

Crypto exchange group in Japan gains legal powers to self-regulate
Business 25 October 2018

Crypto exchange group in Japan gains legal powers to self-regulate

The Financial Services Agency (FSA) announced that the Japanese Virtual Currency Exchange Association (JVCEA) has been awarded the status of “certified fund settlement business association,” giving the body legal authority to shape regulation for cryptocurrency exchanges in the country.

Japan’s FSA reveals crypto regulation update
Business 20 September 2018

Japan’s FSA reveals crypto regulation update

The Financial Services Agency (FSA), Japan's top financial regulator, revealed that, while 160 companies are waiting in line to enter the crypto space, three cryptocurrency operators are currently being reviewed.

Japan puts more pressure on crypto exchanges
Business 3 September 2018

Japan puts more pressure on crypto exchanges

Japan’s Financial Services Agency (FSA) is making it tougher for cryptocurrency exchanges to register their businesses in the country, requiring disclosure of a lot more information than before.

Japanese Tax Agency clarifies crypto tax obligations
Business 17 July 2018

Japanese Tax Agency clarifies crypto tax obligations

Japan's National Tax Agency, the Financial Service Agency and organizations in the cryptocurrency space unveiled a new method that could ultimately make it easier for tax payments to be made.

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