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According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that…
Self-reg entity JVCEA has reportedly received stern warnings to get its act together, as Japan’s Financial Services Agency pushes for the organization to speed up its AML regulation rollout.
If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go through a long screening process.
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients…
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in…
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.
Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset."
The new regulation will be designed to provide better protection to Japanese investors.