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Japan Approves Self-Regulation of Cryptocurrency Exchanges – DIGIT INFO

Japan Approves Self-Regulation of Cryptocurrency Exchanges

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Japanese Cryptocurrency Industry to Self-Regulate After Government ApprovalOn Wednesday, Oct. 19, Japan’s Financial Services Agency granted the cryptocurrency industry the authority to self-regulate. The approval means that the Japan Virtual Currency Exchange Association, a coalition of several registered digital currency exchanges, can now set rules for operational requirements, consumer protection, prevention of money laundering and employee ethics. The association will also enforce compliance. […]

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