Tag Archives: Cryptocurrency Industry


How Self-Regulation Could be a Game Changer for Japan’s Cryptocurrency Exchanges

  By David Drake   Japan’s cryptocurrency market has experienced numerous cyber-attacks that have led to loss of billions. With this in mind, Japan has been contemplating lawful cryptocurrency aspects for a while and its Financial Services Agency (FSA) has finally granted the cryptocurrency industry self-regulatory rights. The Japan Virtual Currency Exchange Association (JVCEA), a platform that brings together 16 […]

Key Benefits that Japan will Accrue after Regulator Approves Self-Regulation

  By David Drake   There is good news for cryptocurrency industry players in Japan. The country’s Financial Services Agency (FSA) announced that it has given its approval for the industry to regulate itself. This means the industry will now be able to provide guidelines on matters like safeguarding consumer assets and anti-money laundering policies to its 16 registered crypto […]

Japan’s FSA Hands Reins to Self-regulation Crypto Body

  By David Drake   The Japanese leg of the cryptocurrency movement has inched closer to a leading role when the Financial Services Agency (FSA) gave the green light for the industry to self-regulate. Japan was the first country to institute regulations for crypto-exchanges last year, and has since encouraged innovation in this industry. The Japan Virtual Currency Exchange Association’s […]

How Japan’s Virtual Currency Exchange Association will better Tackle Hackings

  By David Drake   Genuine interest in digital assets has been increasing as consumers and institutional investors realize attractive investment opportunities offered by the distributed ledger technology. Despite this interest, there are concerns from potential investors that stem from risks such as hacks and fraud that have manifested themselves in the industry. Naturally, governments have stepped in to protect […]

Self-Regulation: What Virtual Commodity Association and Blockchain Exchange Commission Should Really Focus On

  by David Drake     Cryptocurrencies and blockchain have become the talk in tech circles in recent years. This has raised concerns with respect to cryptocurrency regulation for industry players and governments alike. This is because blockchain, the technology that underlies cryptocurrencies, has particularly captured the attention of developers and paved way for innovations that seek to solve challenges across […]

What Critical Cryptocurrency Issues Should Self Regulation Organizations Address

  By David Drake   Lack of structured regulations to guide the cryptocurrency industry has been a major hindrance towards the adoption and mainstreaming of the cryptocurrencies. Due to the lack of such regulations, the cryptocurrency ecosystem has had its fair share of losses via scam activities. Such activities have also brought disrepute to legit businesses in the cryptocurrency space. […]