Japan to Regulate Cryptocurrency Wallet Service

Japan to Regulate Cryptocurrency Wallet Service

In an effort to protect the public, the Financial Services Agency (FSA) of Japan have shared their plan in regulating the cryptocurrency wallet services and its providers. According to the report, the FSA will be regulating the digital asset wallet services parallel with the international standards set by the Financial Action Task Force (FATF) in combating money laundering and terrorism financing.

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