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

Japan’s FSA will reportedly review the anti-money laundering policies of various crypto exchanges ahead of an inspection by international regulators. 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. […]

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Cash, Coins and Casinos: Japan Struggles to Regulate Online Gambling

The Japanese government’s attempts to halt crypto gambling can only last so long, industry experts say. Despite Japan’s reputation for being one of the most welcoming nations for fintech, online crypto gambling has struggled to take off in light of the country’s strict regulation. In late March, the blockchain-based, decentralized application (DApp) platform Tron announced […]

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Finland: Financial Watchdog Adopts Role as Supervisory Authority for Crypto Sector

Finland’s Financial Supervisory Authority is to assume its role as registration and supervisory authority for the crypto sector. Finland’s Financial Supervisory Authority (FIN-FSA) is set to assume its role as a registration authority and supervisory agency for crypto industry participants as new legislation comes into force this week. The news was revealed in an announcement […]

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Reuters: Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

Japan’s Financial Services Agency will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies. Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17. Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly […]

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