Financial Services Agency Reports It ‘Cannot Recognize the Necessity’ of Cryptocurrency Derivative Trading

Japan’s Financial Services Agency (FSA) publicly released a draft report outlining cryptocurrency regulations that it presented at the 11th meeting of the “Study Group on the Virtual Currency Exchange Services” on December 14. According to the draft report, while derivative trading in cryptocurrencies accounted for approximately 80% of cryptocurrency trades in 2017, there have been […]

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