Japan's regulators are adopting a conservative approach toward spot cryptocurrency exchange-traded funds (ETFs), in contrast to the more open policies seen in the U.S. and Hong Kong, according to Oki Shiozawa, investment director at Sumitomo Mitsui Trust Asset Management. Shiozawa, speaking with the Financial Times in a recent interview, stated ...
Japan is set to reevaluate its cryptocurrency regulations, potentially leading to reduced taxes and enabling domestic funds to invest in crypto, according to Bloomberg. Bloomberg reportedly spoke to an official from the country’s top financial regulator, the Financial Services Agency (FSA). In the coming months, the FSA will evaluate whether ...
Japan's Financial Services Agency (FSA) and the National Police Agency (NPA) have recommended measures to encourage mainstream banks to enhance customer protection, especially with transactions involving cryptocurrencies. In a press release published on February 14, 2024, the FSA emphasized the disturbingly high number of cases involving specialized fraud and noted ...
