RATE Group | Cryptocurrency News From Japan: March 15-21 in Review
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Cryptocurrency News From Japan: March 15-21 in Review

Cryptocurrency News From Japan: March 15-21 in Review

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This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based identity platform.

Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.

JVCEA adds regulatory suggestions and revision regarding exchange

JVCEA, a Japanese self-regulatory organization (SRO) for exchanges, proposed alterations to an upcoming initiative called the Revised Funds Settlement Law, set to come into play in the first half of 2020.

The group also noted changes to the Financial Instruments and Exchange Act (FIEA), which will determine requirements for digital asset derivative transactions. JVCEA looks to garner status as an SRO under the Act.

Several financial institutions collaborate with blockchain operation LayerX

Brokerage SMBC Nikko…

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