Japan's Crypto-Friendly Approach
Japan recognizes Bitcoin, Ethereum, and Binance Coin as legal property, regulated by the Financial Services Agency (FSA). Recent rules tightened customer information sharing between exchanges to combat money laundering. Japan’s progressive stance fosters crypto adoption while ensuring compliance. Binance re-entered Japan in 2022 via Sakura Exchange acquisition, aligning with local laws. The FSA’s oversight balances innovation and security, making Japan a model for crypto regulation. Unlike restrictive regimes, Japan’s framework encourages investment in digital assets, boosting market growth.
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