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Cryptopolitan 2024-11-06 01:15:26

Spooked by FTX collapse, Japan’s FSA prepares laws to prevent domestic crypto asset loss

Japan’s Financial Services Agency (FSA) is reportedly preparing laws to help prevent the outflow of domestic assets in the case of FTX-type trouble with crypto exchanges based overseas. The state regulator is looking to establish a “holding order” in the country’s Payment Services Act. Ostensibly in reaction to a narrowly dodged bullet with the collapse

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