Japanese regulator drafts new framework for cryptocurrencies

posted 3 months ago
Late last week, the Financial Services Agency (FSA), the top financial regulator in Japan, published a draft report which outlined the new framework for addressing cryptocurrencies.

The draft report addressed “... guidelines for domestic cryptocurrency exchanges…” and as expected, the regulator placed restrictions on privacy coin listings, margin trading and transactions in derivatives. Reports in local media show there is little to no opposition to the proposed measures, meaning the content of the draft is expected to form the new regulations of the agency.
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