Japan’s FSA announced that it has decided to lift the ban on stablecoins. From June 2023, domestic investors would be allowed to trade using stablecoins. The authority would ensure the security of the...
Tag: FSA
Japan’s FSA expects to allow certain stablecoins by June 2023
Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to a local financial authority. The Financial ...
Japan’s FSA Thinks Crypto Should Be Treated Like Banks
Japan’s Financial Services Agency recently issued a statement urging global regulators to consider treating cryptocurrencies and digital assets in the same manner as banks. According to the Japa...
Binance receives regulatory approval from Swedish FSA
After months of constructive engagements with Swedish financial authorities (FSA), Binance Nordics AB on Jan.11 announced that it had been granted registration, as a virtual currency trading and finan...
Algorithmic Stablecoins and Bitcoin in the same category: Japan’s FSA
In the third leg of Japan’s legal reforms, algorithmic stable coins will be in the same category as Bitcoin. The issuer will now be licensed, deem them banks, trust companies, or fund transfer servic...
Japan’s FSA set to lift the ban on foreign stablecoins in 2023
Stablecoins have been a contentious topic for the better part of 2022. However, Japan has taken a stand that could change the tide of this narrative. Japanese regulators are reviewing certain signific...
How Your HSA Can Help
Medicine and money getty It’s no secret that healthcare costs are on the rise. In fact, a recent study by Fidelity showed that the average couple will spend over $275,000 on healthcare costs in ...
Japan FSA To Categorize Algorithmic Stablecoins Similar to Bitcoin
Japan’s financial regulator, the Financial Services Authority (FSA), plans to categorize algorithmic stablecoins in the same bracket as Bitcoin. Stablecoin issuers will also need licenses that deem it...
Japan’s FSA To Extend Suspension Of FTX Japan Amid Withdrawal Delays
Japan’s Financial Services Agency on Wednesday said it plans to extend the suspension order for crypto exchange FTX Japan. The move comes as Japanese arm is taking more time to resume withdrawals and ...
FSA issues business suspension order against FTX Japan
The FSA has ordered FTX Japan to suspend its business operations for a given period of time. The order by FSA includes three crucial points. The Kanto Local Finance Bureau has ordered FTX Japan,...
Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group – Bitcoin News
According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s ...
GLEEC Exchange Gets Regulatory Approval From Estonia’s FSA
Image source: GLEEC Cryptocurrency exchange and broader digital asset ecosystem GLEEC BTC has just received a license to provide its services in Estonia. The approval is the platform’s ninth fro...
Saxo Bank Ensures Platform Compliance in the Face of FSA Warning
Saxo Bank, a broker, based in Denmark, put out a statement on Wednesday stating that its platform is completely compliant with European regulatory standards. It also has safeguards in place for transa...
Saxo Bank Ensures Platform Compliance amid FSA Flagging
Denmark-headquartered broker, Saxo Bank released a statement on Wednesday, highlighting its platform is fully compliant with the European regulatory requirements. Its controls around transaction repor...