The Japan Virtual and Crypto Assets Exchange Association (JVCEA) plans to allow crypto trading platforms to list coins without going through a lengthy screening process. “We hope the latest measure will help revitalize Japan’s crypto assets market,” said the vice chairman of the association. Relaxing Listing Rules for Cryptocurrencies The Japan Virtual and Crypto Assets…
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Local exchange Gaia Co. is set to roll out crypto ATMs in Tokyo and Osaka and has outlined plans for 130 of them over the next three years. Crypto ATMs — or BTMs as per local terminology — are back in Japan after a lengthy four-year hiatus. Local crypto exchange firm Gaia Co., Ltd announced…
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Self-reg entity JVCEA has reportedly received stern warnings to get its act together, as Japan’s Financial Services Agency pushes for the organization to speed up its AML regulation rollout. Japan’s self-regulation “experiment” for the crypto industry is reportedly not working as well as intended, according to local government and industry experts. Since 2018, the Japan…
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If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go through a long screening process. The Japanese government is considering a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market. Sources quoted in Bloomerg said…
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