Tag: FSA

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Crypto News

Crypto Exchanges In Japan To Hold Liability Reserves To Cover Unauthorized Outflows: FSA

In order to guard against unapproved bitcoin withdrawals, the Financial Services Agency (FSA) will mandate that cryptocurrency exchanges set up liability reserves.   In the case...
Crypto News

Japan’s FSA Moves To Reduce Tax Cut From 55% To 20% For 105 Cryptocurrencies By Categorising Them As Financial Products

According to a report from local news outlet Asahi Shimbun, Japan's Financial Services Agency (FSA) is attempting to put leading cryptocurrencies under the same...
Crypto News

Japan FSA Backs Megabanks’ Joint Yen-Backed Stablecoin Pilot Launching With MUFG, SMBC And Mizuho Bank

As Japan continues its work in payment innovation, the FSA has officially announced its support for a stablecoin pilot project involving the country's three...
Crypto News

Japan’s FSA Prepares To Approve First Yen-Backed Stablecoin This Autumn

Japan’s Financial Services Agency (FSA) is preparing to authorise the first stablecoin backed by the yen, with approval expected to come this autumn.  The move...