Japan to Further Relax Crypto Rules
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Loading... - Akira Tanaka
- 24 Oct 2022
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The move adds to indications that Japan wants to revitalize the cryptocurrency industry
The term “Web3” refers to a vision of a decentralized internet
Crypto association plans looser screening starting in December
Japan plans to further loosen cryptocurrency regulations by making it easier to list virtual coins, potentially increasing the country’s allure for Binance and rival foreign digital-asset exchanges. Crypto association plans looser screening as soon as December
According to documents seen by Bloomberg News, the body that oversees cryptocurrency exchanges plans to let them list coins without going through its lengthy screening process unless the tokens are new to Japan’s market.
Japan is serious about rejuvenating its crypto market
By making it easier for startups to list tokens and lowering the threshold for market entry, the loosening of the rule could take effect as early as December. Members’ businesses have recently received the updated documents. Read More...
