RATE Group | Crypto and Blockchain News From Japan: Oct. 14–20 in Review
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Crypto and Blockchain News From Japan: Oct. 14–20 in Review

21 Oct Crypto and Blockchain News From Japan: Oct. 14–20 in Review

Posted at 04:04h in Cryptocurrency News by

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The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies using blockchain technology. 

Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Japan.

Japan Cryptocurrency Business Association releases guidelines on custody

The Japan Cryptocurrency Business Association (JCBA) — a self-regulatory organization for the cryptocurrency industry in Japan — has released guidance for cryptocurrency custody operators. 

The JCBA issued guidelines for crypto custodians ahead of the introduction of the Fund Settlement Act. The organization distinguished the various responsibilities of cryptocurrency custodians and suggested that there should be a difference in the range of virtual…

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