fsa – Page 2 – DIGIT INFO

Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance

The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.

Korean FSC chair nominee doesn’t think crypto is a financial asset

Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset.”

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Japanese financial regulator considers imposing stricter crypto rules

The new regulation will be designed to provide better protection to Japanese investors.

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Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits

Japan’s newly appointed Financial Services Agency Commissioner Junichi Nakajima believes Bitcoin is a quick way to transfer cash, but people use BTC for speculation and investment.

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Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy

The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant to “improve security compliance for all traders.” Bybit Says Companies and Individual Clients Mandated to […]

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Binance served warning by Japan’s FSA for operating without authorization

Crypto exchange giant Binance is the latest platform to receive a warning from regulators in Japan for operating in the country without a license.

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Coinbase Approved to Enter Japanese Cryptocurrency Market

Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as a crypto exchange service provider based on the revised Fund Settlement Act. According to […]

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Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit

The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital currencies for speculation. Japan’s FSA Warns Bybit Fintech Limited Japan’s top regulator […]