Crypto Exchange Association Applies for Japanese FSA License

More from: | |

Crypto Exchange Association Applies for Japanese FSA License

The Japan Virtual Currency Exchange Association (JVCEA) has applied to become a self-regulatory organization, or SRO, recognized by the government of Japan, a statement published on Friday showed.

JVCEA filled an application with the Financial Services Agency (FCA), which is the highest financial supervising body in the country, on August 2. The association aims to be the body that represents Japan-based cryptocurrency exchanges before the state and which has the right to give the official sector opinion in possible new rules and laws.

JVCEA said that the FSA license would be an important part of their effort to restore “user’s trust” in crypto trading after one of largest virtual coin hacks


Read full article »

About | | is a global financial portal and internet brand composed of 28 editions in 21 languages and mobile apps for Android and iOS that provide news, analysis, streaming quotes and charts, technical data and financial tools about the global financial markets. Each edition covers a broad variety of local and global financial vehicles including Stocks, Bonds, Commodities, Currencies, Interest Rates, Futures and Options. Founded in 2007, has a growing readership worldwide and is now a leading global financial portal committed to constantly launching innovative features and sections to ensure an optimal one-stop source for its readers.

»Twitter: @investingcom »Facebook: @investingdotcom