Japan Security Token Offering Association: The Way of Self-Regulation

Japan Security Token Offering Association: The Way of Self-Regulation
фото показано с : cointelegraph.com

2019-10-10 15:34

The emergent Japan Security Token Offering Association aims to renovate the STO market via self-regulation, promising to create a standard for others to follow. But are there any drawbacks to this novel approach?

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Фото:

Japanese Cryptocurrency Exchanges now Allowed to Self-Regulate Operations

Cryptocurrency businesses in Japan can now self-regulate their operations, as per a recent Financial Services Agency (FSA) directive reported by Reuters on October 24, 2018. Japan Turns to Self-Regulation The self-regulation dictum was extended for supporting the growth of the burgeoning digital assets sector in Japan.

2018-10-25 20:00


Фото:

Japan Approves Self-Regulation of Cryptocurrency Exchanges

On 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.

2018-10-25 06:55