According to a Bloomberg report, Japan is progressing towards enabling venture capital firms and other investment funds to hold crypto assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit a revised bill to implement this change, marking a significant development in the country’s approach to cryptocurrencies. Prime Minister Kishida Backs Crypto Integration Per […]
In a move aimed at tightening the reins on financial transactions within the crypto space, Japan’s Financial Services Agency (FSA) has issued a directive to financial institutions nationwide. This directive calls for an enhanced monitoring mechanism targeting “unlawful” transfers to digital currency exchange providers, underscoring the regulatory body’s resolve to curb financial crimes leveraging digital […]