The Japan Financial Services Agency is seeking opinions on a new regulatory proposal to divide crypto assets into two categories
The Japan Financial Services Agency has released a discussion paper titled "Review of Cryptocurrency-Related System Structures". The deadline for public opinion solicitation is May 10th. Since July 2024, the agency has been verifying this system based on the current status of cryptocurrency transactions. The Japan Financial Services Agency values "creating an environment that balances protecting users and promoting innovation", and plans to use the opinions collected this time as a basis for considering future regulatory reviews.
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