日本加密货币监管
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XRP, the secret weapon for Japan's financial rebirth?
In the deep waters of global finance, true transformation is never ignited by flashy market trends but begins with the reshaping of the most fundamental settlement and payment logic. Today, we may be standing at such a historic turning point, and this time, the main character is neither Bitcoin nor necessarily Ethereum, but: XRP.
The end of Abe's economic policy: A new path Japan must choose.
In the past decade, Japan has attempted to emerge from the 'lost two decades' with Abe's economic policy of three arrows: ultra-loose monetary policy, aggressive fiscal stimulus, and structural reforms. Although this injected vitality into the market in the short term, in the long run, issues such as accelerated aging population, national debt exceeding twice GDP, and economic structure rigidity remain unresolved.
The end of Abe's economic policy: A new path Japan must choose.
In the past decade, Japan has attempted to emerge from the 'lost two decades' with Abe's economic policy of three arrows: ultra-loose monetary policy, aggressive fiscal stimulus, and structural reforms. Although this injected vitality into the market in the short term, in the long run, issues such as accelerated aging population, national debt exceeding twice GDP, and economic structure rigidity remain unresolved.
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🚫 Breaking news! Japan requires Apple and Google to ban unregistered cryptocurrency exchanges
The Financial Services Agency (FSA) of Japan recently issued a "ban" to Apple and Google, requiring them to block the apps of cryptocurrency exchanges that are not registered in Japan. This means that if you are in Japan, you may soon not be able to download exchange apps like Bybit and MEXC Global through the Apple App Store or Google Play Store.
Japanese regulators have been strengthening their supervision of cryptocurrencies, requiring exchanges to strictly comply with strict KYC (know your customer) and AML (anti-money laundering) rules.
Among the exchanges targeted this time are Bybit and MEXC Global, and three other overseas exchanges have also been "listed", but their names have not been made public. The FSA has previously warned these exchanges, but it seems that these exchanges have not fully complied with the regulations, prompting the agency to upgrade its enforcement measures.
According to Japan's Payment Services Act, cryptocurrency exchanges must be registered with the Financial Services Agency to legally operate in the country. Since the massive hacks at Mt. Gox and Coincheck that cost customers billions of yen, Japan has stepped up its cryptocurrency regulation to ensure investors’ funds are safe.
The FSA’s move shows Japan’s firm stance on cryptocurrency compliance, but it also raises questions about how tech giants like Apple and Google will enforce these regulatory requirements.
In short, the agency’s move could force unregistered exchanges to either comply or exit the Japanese market entirely. And for those of us who follow cryptocurrencies, this is definitely big news!
💬 What do you think? Do you think this move is good or bad for Japan’s cryptocurrency market? Will it set a precedent for other countries to follow? Leave a comment to discuss!
#日本加密货币监管 #苹果 #谷歌 #Bybit #MEXCGlobal
The Financial Services Agency (FSA) of Japan recently issued a "ban" to Apple and Google, requiring them to block the apps of cryptocurrency exchanges that are not registered in Japan. This means that if you are in Japan, you may soon not be able to download exchange apps like Bybit and MEXC Global through the Apple App Store or Google Play Store.
Japanese regulators have been strengthening their supervision of cryptocurrencies, requiring exchanges to strictly comply with strict KYC (know your customer) and AML (anti-money laundering) rules.
Among the exchanges targeted this time are Bybit and MEXC Global, and three other overseas exchanges have also been "listed", but their names have not been made public. The FSA has previously warned these exchanges, but it seems that these exchanges have not fully complied with the regulations, prompting the agency to upgrade its enforcement measures.
According to Japan's Payment Services Act, cryptocurrency exchanges must be registered with the Financial Services Agency to legally operate in the country. Since the massive hacks at Mt. Gox and Coincheck that cost customers billions of yen, Japan has stepped up its cryptocurrency regulation to ensure investors’ funds are safe.
The FSA’s move shows Japan’s firm stance on cryptocurrency compliance, but it also raises questions about how tech giants like Apple and Google will enforce these regulatory requirements.
In short, the agency’s move could force unregistered exchanges to either comply or exit the Japanese market entirely. And for those of us who follow cryptocurrencies, this is definitely big news!
💬 What do you think? Do you think this move is good or bad for Japan’s cryptocurrency market? Will it set a precedent for other countries to follow? Leave a comment to discuss!
#日本加密货币监管 #苹果 #谷歌 #Bybit #MEXCGlobal
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