Japan FSA: We Have ‘No Intention’ To ‘Excessively’ Regulate Cryptocurrency131.24

The head of Japan’s financial regulator the Financial Services Agency (FSA) has confirmed there was “no intention” to introduce “excessive” controls on the country’s cryptocurrency industry.

Speaking to Reuters in private comments August 22, Toshihide Endo said that despite strict management of Japan’s cryptocurrency exchanges, a crackdown in the form of fresh restrictions was not on the cards.

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