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BITCOIN PRICE: 6,384.99     HIGH: 6,631.56     LOW: 6,324.96

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Tag: FSA

Japan’s FSA to Add to Crypto Team for Exchange License Reviews

Category: Altcoins, Bitcoin, Crime, Ethereum, Exchange, Finance, News, Regulation

Japan’s FSA to Add to Crypto Team for Exchange License Reviews

The Japanese financial regulatory body is contemplating an expansion of its team focused on cryptocurrency and related activities. Observing the growing interest of Japanese companies in establishing a digital currency exchange, The Financial Services Agency (FSA) is set to bring more breadth to its team in 2019, per a Reuters report dated September 12, 2018. Anticipating Crypto Industry Expansion in…

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Japan to Carry out More Extensive Screening Activities for new Cryptocurrency Exchanges

Category: Altcoins, Bitcoin, Crime, Ethereum, Exchange, News, Regulation

Japan to Carry out More Extensive Screening Activities for new Cryptocurrency Exchanges

In a bid to protect investors’ interest and make it difficult for bad actors to launch cryptocurrency trading platforms in Japan, the Financial Services Agency (FSA) has tightened its screening process for new virtual currency exchanges, as first reported by the Japan Times on September 2, 2018. Tougher Screening Exercise for Cryptoasset Exchanges According to The Japan Times report, the…

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BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon

Category: Adoption, Altcoins, Bitcoin, Blockchain, Development, Exchange, News

BTCManager’s Week in Review August 13: Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon

Bitcoin Moves Below $6,500 Suggesting That New Lows May Be on the Horizon: BTCManager’s Week in Review August 13 The price of bitcoin dropped by almost ten percent week-on-week, continuing last week’s decline, suggesting that we may not have seen the bottom of this year’s bear market yet. Last week, the price of bitcoin declined by 15 percent despite bitcoin-positive…

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Japan’s FSA Set to Introduce New Cryptocurrency Regulations After Speculative Trading Runs Rampant

Category: Altcoins, Bitcoin, Business, Exchange, Investment, News

Japan’s FSA Set to Introduce New Cryptocurrency Regulations After Speculative Trading Runs Rampant

Per a report published on August 8, 2018, the Japanese Financial Services Agency (FSA), which is also Japan’s premier financial regulatory body, is planning to update its existing regulatory framework for bitcoins and other cryptocurrencies. This is being done to tackle the rampant frauds and malicious attacks on cryptocurrency exchanges. The infamous attack on Coincheck in January 2018 resulted in a…

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Eight Want Out, Hundred Want In: Businesses React to Japan’s Upcoming Crypto-Exchange Law

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Eight Want Out, Hundred Want In: Businesses React to Japan’s Upcoming Crypto-Exchange Law

In the absence of regulatory standards and legal guidelines, cryptocurrency exchanges increasingly face scrutiny from regulatory bodies around the world. While the biggest exchanges have the financial capacity to shift their country of operation, the smaller ones shut shop abruptly, or begin their process of wrapping up their business in a legal manner. Another Eight Bite The Dust According to…

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