The Japanese regulator offers a profound resumption of cryptographic regulations

Japan Financial Services Agency (FSA) has presented a proposal that would considerably tighten cryptography regulations. A Tuesday FSA report recommends regulating cryptocurrencies under the Financial Instruments and Exchange Act (FIEA), by passing them under the Payment Services Act. This aims to strengthen the protection of investors and align the surveillance of cryptography with the securities … Read more

Finance without authorization will triumph over government regulations: CEO of folding

Decentralized financing protocols (DEFI) will survive the efforts of the government and businesses to impose traditional financial regulations designed to create a guaranteed digital systems garden, according to Will Reeves, CEO and co-founder of Bitcoin (BTC) Rewards Company Fold. Reeves told Cintelelegraph that regulatory proposals requiring DEFI protocols to integrate biometric identity checks into intelligent … Read more