News list for " review council"

Japan's Financial Services Agency Approves New Regulatory Framework for Crypto Assets

Japan's Financial Services Agency on February 19 approved the Financial Review Council's working group report on the fund settlement system. After seven rounds of discussions, the report proposes a new regulatory framework for cryptoasset exchanges and stablecoins. The report recommends that relevant provisions of the Financial Commodities Exchange Law be incorporated into the Fund Settlement Law to strengthen the protection of users in the event of an exchange bankruptcy. At the same time, it p...

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2025-02-19 20:14:51