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Japan’s Cryptocurrency Industry Granted Self-Regulatory Status through JVCEA
The primary Japanese financial watchdog, the Financial Services Agency (FSA), has now announced that it has granted the Japanese cryptocurrency industry a self-regulatory status. More specifically, the FSA has certified an industry body, the Japanese Virtual Currency Exchange Association to oversee the space and become a ”certified fund settlement business association”, according to a recent report from Coinbase Japan. This certification means that domestic cryptocurrency exchanges in Japan will henceforth…