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110 Crypto Exchanges Are Reportedly Trying to Get Licensed in Japan

Japan’s interminable winter for cryptocurrency exchanges seems to have thawed. The Financial Services Agency (FSA), Japan’s top financial watchdog, told crypto news site Bitcoin.com that 110 exchanges are in “various stages of registration.” In 2018, the FSA, did not grant approval for any crypto exchanges to begin operating in the country. The year prior, the agency …

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110 Crypto Exchanges Want to Launch in Japan – A Look at Recent Changes

<header class=”article__header”> </header> <strong>Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto trading platforms have undergone changes.</strong> Also read: G20 Leaders Issue Declaration …

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Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries

<header class=”article__header”> </header> <strong>Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over the last two quarters of 2019, the Japanese yen …

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Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

<header class=”article__header”> </header> <strong>Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a> trading while also …

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Japan Advances New Crypto Bill, Regulator Explains

<header class=”article__header”> </header> <strong>Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Japan’s New …

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Taotao: Yahoo-Backed Exchange Enters Japan Market Amid Renewed Interest in Crypto

Japanese cryptocurrency exchange Taotao is expected to go live at noon on May 30, as per the company’s official Twitter page. Notably, the new trading platform is heavily backed by Yahoo Japan, marking the local internet giant’s arrival into the field of crypto. The timing seems to be on point, now that the market has …

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Japan Scrutinizing Crypto Exchanges Ahead of G20 Summit

Japan’s Financial Services Agency (FSA) is said to be scrutinizing cryptocurrency exchanges in the country to ensure anti-money laundering (AML) processes are in place. A report from the Nikkei Asian Review on Wednesday, citing an unnamed FSA official, said that inspections are being carried out ahead of the G20 summit next month. The G20 – the …

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Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection

Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. Nikkei Asian Review reported the development on May 22. The FATF will reportedly send its investigatory arm to review the …

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Finland Begins Regulating Crypto Service Providers

<header class=”article__header”> </header> <strong>Finland’s president has approved a law to regulate cryptocurrency service providers including exchanges, custodian wallet providers, and issuers of cryptocurrencies. The law will enter into force next week. Crypto service providers will need to register with the country’s Financial Supervisory Authority and meet statutory requirements.</strong> Also read: Indian Supreme Court Postpones Crypto …

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Big Players Transforming Crypto Exchanges in Japan

<header class=”article__header”> </header> <strong>Government-approved cryptocurrency trading platforms in Japan are undergoing changes with big players entering the market. News.Bitcoin.com talked to Japan’s top financial regulator to learn about the regulatory implications of the changing business models and internal systems of regulated exchanges.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Changing Crypto …

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