Japan’s Financial Services Agency (FSA) will propose legislation in 2022 to make it so only banks and wire transfer companies can issue stablecoins, a Tuesday (Dec. 7) Nikkei Asia report says. The FSA says limiting the stablecoin issuance will help cut down on risks, as...
Japan’s Financial Services Agency (FSA) had a plan for crypto wallet service regulation on its meeting agenda for a recent gathering of its crypto study group, bitcoin.com reported. As it stands, crypto wallet providers aren’t currently treated the same way as cryptocurrency exchanges as they...
Japan’s Financial Services Agency is sending what Reuters terms “administrative punishment notices” on several of the nation’s cryptocurrency exchanges and some may be forced to suspend operations, the newswire reported, citing Nikkei’s business daily. Among the regulatory actions, one exchange, Coincheck, which had been tied...
November 16, 2022
Aiming to determine Japan’s exposure to FTX, the country’s Financial Services Agency (FSA) has reportedly asked local cryptocurrency exchanges if the collapse of FTX and its affiliated companies has affected their businesses. The financial regulator has found “minimal impact” upon the local exchanges, Bloomberg reported Wednesday (Nov. 16), citing an unnamed official. The report comes […]
December 06, 2021
Japan’s Financial Services Agency (FSA) will propose legislation in 2022 to make it so only banks and wire transfer companies can issue stablecoins, a Tuesday (Dec. 7) Nikkei Asia report...
November 18, 2018
Japan’s Financial Services Agency (FSA) had a plan for crypto wallet service regulation on its meeting agenda for a recent gathering of its crypto study group, bitcoin.com reported. As it...
March 07, 2018
Japan’s Financial Services Agency is sending what Reuters terms “administrative punishment notices” on several of the nation’s cryptocurrency exchanges and some may be forced to suspend operations, the newswire reported,...
