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The transition of crypto asset oversight in Indonesia from the Commodity Futures Trading Agency to the Financial Services Authority is reportedly facing delays due to a lack of supporting government regulation. According to a recent report by Jakarta Globe, the…
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Binance has announced its purchase of 100% of Sakura exchange Bitcoin, marking its entrance into Japan.
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The Financial service agency of Japan has hinted it may be preparing to police DeFi as it is currently pointing the searchlight into Decentralized Finance Projects. Japanese regulator looking into DeFi The Japanese Financial Services Agency has announced intentions to…
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The FSA, in a recent statement, ordered FTX Japan to seize operations amid the crisis facing its Mother corporation. The watchdog claimed that the firm did not abide with the withdrawal regulations placed amid the crisis.
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To promote overall GDP growth, Japan's finance authority (FSA) is suggesting tax incentives for cryptocurrency and individual stock investors.
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The Japanese government could reassess the corporate crypto tax regulations which will start in 2023. The Financial Services Agency (FSA) and the Ministry of Economy, Trade, and Industry (METI) reportedly said that they will be evaluating how to tax enterprises…
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Japan’s top cryptocurrency and blockchain lobbying groups are making plans to send a proposal to the Financial Services Agency (FSA), urging it to reduce the tax requirements for crypto-focused businesses. The lobbyists argue that the current 30 to 55 percent…
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The Commissioner of Japan’s Financial Services Agency (FSA), has stated that the government is wary about easing its tough regulatory policies on cryptocurrency, primarily due to its volatile nature. Japan Wary of Enabling Crypto Exposure to the Public According to…
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Authorities in Japan are contemplating tighter cryptocurrency regulations, according to the latest reports. Japan Stepping up Crypto Regulatory Activities US media outlet Reuters revealed that Japanese finance regulators had expressed their intentions to step up regulatory efforts on cryptocurrencies. Officials…
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Crypto exchange giant Coinbase has received the ‘go’ sign from the Financial Services Agency to operate on the Japanese financial market. The crypto exchange will now trade cryptocurrencies, including bitcoin, Bitcoin Cash, litecoin, and ethereum. Coinbase Counts a Milestone Achievement…
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Japan is set to tighten up cryptocurrency laws by implementing the Financial Action Task Force (FATF) travel rule. According to the Financial Services Agency (FSA), this will help tackle money laundering in the Asian country. FATF Rule to Be Adopted…
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Swedish Financial Supervisory Authority (FSA) has issued a warning to citizens regarding the trade of crypto-asset products. This comes after the regulatory body previously warned about the risks with trading in crypto-assets. Crypto-assets Products Unsuitable for Retailers The latest warning…
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IOST — the native coin of the high throughput, enterprise-scale, and DeFi-focused IOST blockchain, will be listed on the Japanese cryptocurrency exchange, CoinCheck, on September 8. This, according to a press release on Sep 1. The development follows the approval from…
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Ryozo Himino, the new chief of the Japanese financial regulator – the Financial Services Agency (FSA) – told Reuters there is no need to promote non-fiat pegged cryptocurrencies such as bitcoin (BTC). Rather, the focus should be given to the…
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Major banking giants in Japan together crypto exchange platform DeCurret have formed a working group to explore digital currency payments interoperability. Meanwhile, regulators in the country are warning investment advisors to fulfill the necessary licensing requirements before offering their services.…
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Financial regulators in Japan have officially recognized two crypto self-regulatory organizations (SRO) as Certified Financial Instruments and Exchange Associations. The move marks the latest attempt by Japan to improve its compliance standards of cryptocurrency participants in the country. Japan Gets…
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