Japanese Cryptocurrency Exchanges May Abolish Crypto Asset Verification Rule Before Listing
The Japan Association of Cryptocurrency Exchanges plans to allow the listing of cryptocurrency assets without going through a preliminary verification procedure. A Japanese government commission led by Prime Minister Fumio Kishida has criticized the current system for listing digital assets on the country’s crypto exchanges, stating that “the Cryptocurrency Exchange Association (JVCEA) is conducting an unacceptably long review.” The basis for the government investigation into the activities of the JVCEA was the complaints of cryptocurrency…
