Japanese Regulators Mull Data Collection, Audits for Bitcoin Exchanges

Japanese Regulators Mull Data Collection, Audits for Bitcoin Exchanges

New details have emerged about a proposed regulatory framework for bitcoin exchanges in Japan. As reported yesterday, a working group within the country's Financial Services Agency (FSA), its top finance regulator, has developed a series of recommendations for overseeing exchanges in the country. The proposal is said to be moving toward completion, and will be submitted to Japan's national legislature, the Diet, for consideration next year. The working group is part of a body within the FSA called the Financial System Council. When asked for comment, the FSA provided CoinDesk with a....


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