Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial System Council and government, this regulatory shift could bring crypto under securities-style rules and set a new benchmark for digital asset regulation in the region.
from Gadgets 360 https://ift.tt/PYQVLJK
Subscribe to:
Post Comments (Atom)
-
Rocket Lab has confirmed that its reusable Neutron rocket is set for its first launch in the latter half of 2025. The announcement was made ...
-
In a short span of time, Nothing has come a long way, and it now actually stands for something. The company makes good mid-range and upper m...
-
Samsung Galaxy S25 Ultra was launched on Wednesday as the company's flagship model in the Galaxy S25 series of smartphones. At its Gala...
No comments:
Post a Comment