In 2018, Japan established the Japan Virtual Currency Exchange Association (JVCEA) and tasked the body with self-regulating the crypto industry. The government hoped that the industry body would be ab...
Tag: selfregulatory
South Korea to Bring Self-Regulatory CEX Guidelines after LUNA Crash
Due to the unexpected collapse of the TerraUSD (UST) and its sister token, Terra LUNA (LUNA), South Korean lawmakers have taken the reign into their own hands. The main motive for introducing such gui...
Self-regulatory orgs for crypto keep ecosystem afloat pending clear regulations
The crypto market is growing at a rapid pace, with governments and various regulatory bodies actively trying to study and keep up with the growth. While many policymakers around the globe have come t...
Self-regulatory organizations growing alongside new US crypto regulation
As adoption takes off, the crypto industry is exerting increasing influence on American society. This can be seen in its lobbying efforts and political action committees, for example, as well as its o...