FSA to Create New Stablecoin Regulation as Japan Moves to Soften Its Previous Stance
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
Expectations are that the new rule must have been completed by midyear and adopted by that same time.
Having considered several variants for setting up operations, Binance opted for Malta thanks to its pro-blockchain strategy.
As per source familiar to the plans of FSA, Binance received the warning as it was expanding its operations in Japan without taking prior approval from the agency.
FSA has declared first cryptocurrency exchanges that are now allowed to operate in the country under the recently adopted regulations.