Japan: FSA Notice on Enhanced Quality of Service Requirements for Cryptocurrency Exchanges in Japan
Progress
Current status
adopted
26 Sep 2024 adopted
Scope
Implementers
Japan
Policy Area
Other operating conditions
Policy Instrument
Organisational requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued FSA Notice on Enhanced Quality of Service Requirements for Cryptocurrency Exchanges in Japan
On 26 September 2024, the Financial Services Agency (FSA) issued a notice to the Japan Virtual and Crypto Assets Exchange Association, emphasising the importance of managing risks associated with the outflow of crypto assets. This action follows an …
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body