Japan's FSA to monitor Money Laundering Policies of Crypto Exchanges before G20 Summit
Japan's Financial Services Agency (FSA) to monitor Money Laundering Policies of Crypto Exchanges before the G20 Summit
- Manoj Sundar
- May 23, 2019
Japan's Financial Services Agency (FSA) to monitor Money Laundering Policies of Crypto Exchanges before the G20 Summit
The FSA approved Coincheck cryptocurrency exchange: making it just the 17th fully-registered exchange in the country.
Japan’s financial watchdog body, the Financial Services Agency (FSA) has now approved the demand for self-regulation to licensed local cryptocurrency exchanges.
Started in March 2017, Everybody’s Bitcoin is one of the unlicensed cryptocurrency exchanges in Japan that came under scrutiny from Japan's Financial Services Agency (FSA) .
Reports from Japan indicate that the Japan Virtual Currency Exchange Association plans to introduce limits on trading cryptos in government-approved exchanges.
Japan's Financial Services Agency has now introduced new regulatory steps to ensure that exchanges follow the highest standards of security.
Japan's Financial Services Agency has introduced a new set of regulations which need to be followed by those willing to register a domestic cryptocurrency exchange in Japan.