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Japan Finally Gets Self-Regulatory Body For Cryptocurrency Exchanges

Japan is about to get the first self-regulatory body for its cryptocurrency exchange industry as reports of a formal agreement surfaced on the local news outlet Asahi Shimbun Tuesday, April 24. According to Asahi Shimbun, the country’s sixteen licensed exchange operators have taken steps to finally launch what will become known as the Japanese Cryptocurrency Exchange Association (JCEA). Coming at ...

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Japan’s 16 Licensed Cryptocurrency Exchanges Launch Self-Regulatory Body

Join our community of 10 000 traders on Hacked.com for just $39 per month. A concentrated effort among 16 licensed Japanese cryptocurrency exchange operators to ‘restore confidence’ in the sector following the $530 million Coincheck theft in January has finally seen the launch of a self-regulatory body. In a report by Japanese news outlet Asahi Shimbun on Tuesday, sixteen cryptocurrency ...

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Self-Regulatory Body Outlines New Rules for 14 Korean Crypto Exchanges

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Korean Blockchain Industry Association, formed with 33 South Korean exchanges, has revealed a set of rules for 14 of its exchanges. The organization was formed in December of last year, where it was announced that famous cryptocurrency exchanges Bithumb, Coinone, Upbit and Korbit were also members ...

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South Africa’s Central Bank To Establish Self-Regulatory Body To Oversee Crypto Industry

The South African Reserve Bank (SARB) is establishing a self-regulatory organization to control cryptocurrency and fintech developments in the country, the news outlet Finextra reported April 4th. The SARB does not currently supervise or regulate cryptocurrencies, but in the interests of ensuring investor protections and preventing risk, it has opted to establish an investigative unit aimed at overseeing developments in ...

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Winklevoss-Led Gemini Calls for Cryptocurrency Exchanges to Form Self-Regulatory Body

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Cameron and Tyler Winklevoss, the founders of cryptocurrency exchange Gemini have unveiled a proposal that seeks to see US cryptocurrency trading platforms establish a self-regulatory organization (SRO). The brothers announced their proposal for the “Virtual Commodity Association” (VCA) in a blog post, arguing that such an organization ...

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Japan Creates Regulatory Body to Prevent Cryptocurrency Hacks

Japan leads the cryptocurrency world both in trading volumes and crypto-friendly regulation. Now, sixteen crypto exchanges in Japan will establish a self-regulatory body to prevent hacks. Regulatory Body For Cryptocurrency Market Japan is the largest cryptocurrency market in the world, boasting 61% of global trading volume for Bitcoin, which is held by 2.7% of the country’s population. Its crypto-friendly regulation ...

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Japanese Cryptocurrency Exchanges to Establish New Self-Regulating Body

Japan’s two major cryptocurrency organizations will merge and form a new self-regulating body, the Japan Cryptocurrency Business Association (JCBA) and Japan Blockchain Association (JBA) said on March 2. The move comes amid deepening discussions about stronger regulations, and was triggered by Japanese cryptocurrency exchange Coincheck Inc.’s loss of massive amounts of NEM coins in late January. The agreement on forming ...

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Japanese Crypto Exchanges Officially Announce Self-Regulating Body – The Merkle

Cryptocurrency in Japan has proven to be a rather interesting topic. While the government officially legalized this form of money, the country’s exchanges are trying to introduce more regulation in their own way. A group of 16 registered companies will create a self-regulatory body to generate more trust in this industry moving forward. Self-Regulation in the Cryptocurrency World The cryptocurrency situation has unfolded ...

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India’s Leading IT Body Partners Canadian Blockchain Institute for Digital Economy

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Indian IT industry trade body NASSCOM has partnered Canada’s Blockchain Research Institute (BRI) to fast-track the adoption and deployment of blockchain technology in India. India’s National Association of Software and Services Companies (NASSCOM) is collaborating with Canadian government-backed BRI to educate Indian organizations and government departments on ...

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16 Japanese Cryptocurrency Exchanges to Create Self-Regulatory Body: Report

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Abandoning plans to unite to separate industry bodies, a group of Japanese cryptocurrency exchanges is planning to create a self-regulating body in the aftermath of the infamous recent Coincheck theft. Citing unnamed sources close to the newly planned group, Reuters is reporting that a collective of 16 ...

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