Japan Wants to Regulate Crypto Wallets, Breach of User Privacy?15.43

Crypto wallet users in Japan may have to reveal their identities as the country’s top financial watchdog prepares a law for it.

The Financial Services Agency (FSA) on Monday revealed its plan to regulate cryptocurrency wallet providers, ItMedia reported. The decision came during a cryptocurrency study group meeting after concerns over money laundering and terrorist financing were raised. The agency also looked into pressing matters related to the protection of crypto wallet users that remain mainly exposed to cyber attack and infrastructure failures.

Original source
https://www.newsbtc.com/2018/11/16/japan-wants-to-regulate-crypto-wallets-breach-of-user-privacy/

Add comment

Please Sign in to be able to leave comments.