Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide
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Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies.
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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.
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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
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