Tag Archives: Financial Services Agency


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 […]