Japan Gives Crypto Exchanges Power to Self-Regulate

Japan, one of the friendliest jurisdictions for cryptocurrency trading, has allowed crypto exchanges to self-regulate through the Japanese Virtual Currency Exchange Association, as reported by Reuters. Japan’s Financial Services Agency (FSA) will transfer oversight powers to the industry body.

Standards for running a crypto exchange are yet to be established, and Japan has been the scene of several large hacks, starting with Mt. Gox and more recently, Coincheck and

This article appeared first on Cryptovest

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