Japanese Exchanges voluntarily to ban insider trading and privacy coins

Japanese Exchanges voluntarily to ban insider trading and privacy coins
фото показано с : bitcoints.com

2018-6-19 11:07

Regulation

The association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules.
The focuses are on banning insider trading and preventing exchanges from listing privacy coins.
The main focuses of the new regulations are on “insider trading and the trading of new currencies that cannot be traced easily,” the publication detailed, adding:

The proposed rules explicitly ban insider trading.
Representatives of the JVCEA.Privacy Coins and Other Restrictions
Previously, news.Bitcoin.com reported that the country’s top financial regulator, the Financial Services Agency (FSA), had pressured exchanges to drop privacy coins.
In order to prevent another Coincheck incident, crypto exchanges must better protect customer assets and report audit results to the association.

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Источник: bitcoints.com

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