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Bookmarking Crypto InsightsThu, 19 Jan 2023 02:30:17 +0000en-US
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3232Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
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Thu, 19 Jan 2023 02:30:17 +0000https://www.digit.info/2023/01/19/japan-urges-regulators-worldwide-to-subject-crypto-exchanges-to-bank-level-oversight/Read more]]>Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal controls, and the absence of regulation and supervision.” Bank-Level Cryptocurrency Regulations Japan’s […]
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal controls, and the absence of regulation and supervision.” Bank-Level Cryptocurrency Regulations Japan’s […]