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Revised Crypto Laws in Japan to be Enforced Starting May 1

Source Node: https://cointelegraph.com/news/revised-crypto-laws-in-japan-to-be-enforced-starting-may-1
Time Stamp: April 6, 2020 12:39 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

New laws for regulating cryptocurrencies in Japan will start to be enforced next month.The Payment Services Act (PSA) and Financial Instruments and Exchange Act (FIEA), two of the pieces of legislation passed by the Japanese House of Representatives last year to regulate crypto, were scheduled to come into effect starting in April. However, with unexpected delays, no enforcement date had officially been set until last week.In the April 3 edition of an official government newsletter, it was announced that the revised versions of the PSA and FIEA would be enforced

Cryptocurrency News From Japan: March 29 – April 4 in Review

Source Node: https://cointelegraph.com/news/cryptocurrency-news-from-japan-march-29-april-4-in-review
Time Stamp: April 4, 2020 7:04 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

This week’s headlines from Japan included the country’s Financial Services Agency revealing feedback from the public on recent regulation, the Cabinet Office Ordinance announcing regulatory changes, Zaif exchange removing three crypto assets, BitBank’s COO predicting crypto exchange mergers, and Nomura Research Institute issuing Japan’s first blockchain-based bond. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.Japanese FSA receives comments on new regulationsThe Japanese Financial Services Agency, or FSA, unveiled 172 comments from citizens and groups, pertaining to recent crypto asset laws taking effect on May