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Japanese FSA to Support ‘Crypto Freedom’ Under Proper Regulation

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Thu, 23/08/2018 - 10:51
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Japanese FSA to Support ‘Crypto Freedom’ Under Proper Regulation
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In a recent interview, the head of the FSA confirmed that he believes that it is possible to find a healthy middle ground between consumer protection and technological innovations.

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Toshihide Endo, the FSA commissioner, stated that the agency does not intend to stifle innovative technologies, on the contrary, the government is interested in their further development.

As a reminder, back in July the FSA mulled changing the legal methods of regulating crypto trading companies in the country by categorizing virtual coins as financial tools rather than means of payment and initiated massive checks of exchanges.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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