• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Japan intensifies efforts to regulate digital currency

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The Japan Financial Services Agency has set up a new division to strengthen oversight of the cryptocurrency market place, particularly the decentralized finance (DeFi) sector.

Japan intensifies efforts to regulate digital currency

On the morning of July sixteen, Japan’s Financial Services Agency (FSA) announced the creation of a new division to oversee “decentralized finance”. Additionally, the FSA is also thinking of raising workers targeted on the cryptocurrency market place.

Related articles

Circle teams up with SBI Holdings to popularize USDC in Japan

Circle teams up with SBI Holdings to popularize USDC in Japan

November 27, 2023
South Korea prepares to test digital currency for citizens

South Korea prepares to check digital currency for citizens

November 23, 2023

The move is viewed as a indicator of developing concern that personal currencies could disrupt the fiscal process. In addition, this regulation also complements the Bank of Japan’s efforts in studying and issuing digital yen.

Despite the establishment of a new supervisory division and legal tightening, Japan is not precisely saying “no” to cryptocurrencies. Because this nation also has several “go-ahead” moves for a cryptocurrency exchange, this kind of as Coinbase.

On June 18, the FSA announced that it had accepted Coinbase’s application to come to be a cryptocurrency exchange services supplier in Japan. As a end result, Coinbase is accepted for trading in five cryptocurrencies, together with: BTC, BCH, ETH, XLM, and LTC.

However, not all big cryptocurrency exchanges will be accepted to generate the Land of the Rising Sun. In certain, On June 25, the FSA notified Binance when it was working unlicensed. Previously, in May 2021, Bybit, a cryptocurrency derivatives trading platform, had also obtained equivalent allegations from the FSA.

Synthetic currency 68

Maybe you are interested:

Join the chat group Coinlive Chats Now let us talk about the scorching subjects of the DeFi market place with the Coinlive administrators !!!

.

Tags: currencyDigitaleffortsintensifiesJapanLegal rulesRegulate
Share76Tweet47

Related Posts

UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy

by shark
June 6, 2025
0

Bluebird Mining Ventures shifts from gold revenue to Bitcoin treasury, impacting market dynamics.

Trump Advisor Meets El Salvador President Over Bitcoin Strategy

by shark
June 6, 2025
0

Trump's advisor Bo Hines meets El Salvador's Nayib Bukele to discuss Bitcoin policy impacts.

Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift

by shark
June 6, 2025
0

Bitcoin experiences calm trading in 2025, analysts foresee pivotal crypto changes ahead.

California Assembly Advances Bill on Dormant Crypto Assets

by shark
June 5, 2025
0

California's State Assembly approves AB-1052, designating long-inactive crypto assets as unclaimed property.

BlackRock ETF Leads Bitcoin Inflow with $284 Million

by shark
June 5, 2025
0

Spot Bitcoin ETFs see $87M net inflow, BlackRock's IBIT leads with $284M.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • BlockDAG Hits $287M, AVAX Eyes $300 & BCH Climbs,
  • HYPE Holds Support, PEPE Sentiment Surges; Unstaked Eyes $1 Milestone!
  • BlockDAG, SHIB, Stellar, and TRON: June’s Top Bullish Crypto Picks
  • UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy
  • Trump Advisor Meets El Salvador President Over Bitcoin Strategy
  • Qubetics, Solana, Stellar: Massive Updates and $900M Moves Set Stage for Next Bull Run Crypto
  • Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift
  • California Assembly Advances Bill on Dormant Crypto Assets
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7