27 Feb '17, 1pm

Concern for Japan’s Bitcoin Regulation: Is It Worse than BitLicense? -

Concern for Japan’s Bitcoin Regulation: Is It Worse than BitLicense? -

Now with Japan’s legislature passing a bill for the regulation of bitcoin and virtual currency exchanges, the exchanges will need to register with the FSA and follow know-your-customer (KYC) and anti-money laundering (AML) practices. It’s apparent that the country is keen to crack down on scams involving digital currencies and to protect consumers. It could also be beneficial to bigger corporations who are seeking clarity on digital currency regulations and are looking to enter the market.

Full article: https://www.cryptocoinsnews.com/concern-japans-bitcoin-re...

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