Japan’s Financial Services Agency To Revise Cryptocurrency RJapan’s Financial Services Agency To Revise Cryptocurrency Regulations To Counter Speculations – Japanese financial regulators intend to introduce strict regulations on Bitcoin (BTC-USD) plus other cryptocurrencies. The move, say regulators, is in response to a recent massive theft that happened at Coincheck. The theft at the Tokyo-based cryptocurrency exchange took place in January. In addition to addressing cases of theft of digital currencies, the financial watchdog is also seeking to curb cases of speculative investment. Earlier in April, the government announced that it is revising the Payment Services Act so as to protect cryptocurrency users from fraudulent operators. As part of the revision process, the government said it is introducing a registration system that will be used to store information on all dealers. Read more: https://marketexclusive.com/japans-financial-services-agency-to-revise-cryptocurrency-regulations-to-counter-speculations/2018/08/