In a major development, four Japanese government bodies have jointly flagged crypto assets as a high-risk payment method in real estate transactions, warning the property industry that the technology’s cross-border transfer capabilities make it particularly susceptible to money laundering. The…
Key Takeaways In a significant development leading crypto exchange Bybit has announced it will pause new user registrations in Japan starting October 31, as it adapts to new regulations from the country’s Financial Services Agency (FSA). “There will be no…
Key Takeaways Japan’s regulatory body Financial Services Agency (FSA) has proposed moving cryptocurrencies under the country’s Financial Instruments and Exchange Act (FIEA), a framework traditionally used to regulate securities. The idea was outlined on September 2 during a Financial System…
Gate[.]io, a crypto exchange, has started to stop serving Japanese consumers, claiming "compliance requests" from the nation's financial authority.
Key Takeaways Japanese financial regulators have recently issued new guidelines concerning peer-to-peer (P2P) crypto transactions, putting a spotlight on the need for local banks to step up their vigilance. The Financial Services Agency (FSA) clarified that these guidelines are specifically…
Japan's main financial regulator, the FSA, has recommended a number of steps to shield customers against "unlawful transfers" to crypto exchanges.
The MAS and the FSA established a collaboration for the combined regulation and pilot testing of cryptocurrency projects.
To increase market liquidity and draw in a variety of traders, revised margin trading caps are being pushed.
As it cracks down on cryptocurrency exchanges in Japan, the FSA of Japan issues warnings to companies like Binance, Bybit, MEXC Global, and BitForex regarding unregistered activities.
Japan’s FSA will only allow stablecoins that successfully pass individual checks ensuring that they provide user protection
