Japan Considers New Rules Limiting Crypto Custody to Registered Providers

Japan Considers New Rules Limiting Crypto Custody to Registered Providers

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Categories: Regulation Custody Japan

Japan's Financial Services Agency (FSA) is reportedly exploring a new regulatory framework. This system would mandate that all crypto custody and trading management service providers register with government authorities, aiming to enhance oversight and consumer protection within the digital asset sector.

The FSA is considering a new system that would require crypto custody and trading management service providers to register with authorities.