Japan’s FSA is getting serious about protecting crypto users. They want every exchange to keep a pile of cash on hand. Just like securities firms do, so if a hack or a mistake happens, customers get paid quickly. Think billions of yen, depending on the exchange size and past drama.
Japan is preparing to ban insider trading in digital currencies through new regulations that will incorporate protections similar to those used for traditional markets. The Financial Services Agency and Securities Exchange Surveillance Commission have proposed reforms to increase scrutiny of cryptocurrency transactions nationally. The expectation is to submit these legislation
The Financial Services Agency (FSA) of Japan is about to classify crypto assets as financial products. With this action, insider trading will be regulated, and investors will be given more protection. As a Nikkei report states, the FSA will submit these legislative amendments to the parliament by 2026. The amendments
The Seychelles National Assembly has approved the Virtual Asset Service Providers (VASP) Bill 2024, marking a significant step towards establishing a regulated environment for virtual assets. This legislation aims to align Seychelles with international standards, particularly those set by the Financial Action Task Force (FATF) while fostering an innovation-friendly financial
Introduction to Capitalix Forex and CFD broker Capitalix is authorized and supervised by the Seychelles Financial Services Authority (FSA). This easy-to-use platform provides traders with all the information, features, methods, tools, and assistance they need to profit from emerging market trends. There are over 150 assets available, including every major
New crypto entrants have had a tough time gaining a foothold in the market. Getting several tokens accepted requires members to compete with one another. The Japanese Virtual Currency Asset and Exchange Association (JVCEA) might ease Restrictions on coin listing. Japan is altering its attitude and innovating by making it
Japan FSA warned cryptocurrency exchange Binance. This was the second warning by the FSA to Binance. Binance has come under scrutiny from regulatory agencies. The Financial Services Agency (FSA), Japan’s top financial market regulator, has furnished a warning against Binance as the cryptocurrency exchange continues to offer services in the
