Tag Archives: Japan

UK Financial Regulator Introduces Global Fintech Sandbox, ‘90%’ Success Rate Domestically

UK Financial Regulator Introduces Global Fintech Sandbox, ‘90%’ Success Rate Domestically

Britain’s Financial Conduct Authority (FCA) is launching a global fintech regulatory sandbox, after the successful progress of their 2016 release of a UK sandbox, that allows for innovative fintech development without requiring a full, strict regulatory process for testing, TrustNodes reportstoday, March 19. At the Innovate Finance Global Summit in London, which is taking place March 19-20, FCA board member and […]

G20 To Focus On Crypto AML, ‘Too Stringent Regulations’ Not Good, Says Japanese Gov’t Official

G20 To Focus On Crypto AML, ‘Too Stringent Regulations’ Not Good, Says Japanese Gov’t Official

Japan will call on the G20 member governments to concentrate on developing a common anti-money laundering (AML) strategy for cryptocurrencies during the annual summit in Buenos Aires on March 19-20, Reuters reports March 13, quoting a “government official with direct knowledge of the matter.” Japan’s government official told Reuters that at the moment the country’s government thinks it is better to focus […]

Japan’s Banking Giant SBI Delays Launch Of Crypto Exchange To ‘Strengthen Security’

Japan’s Banking Giant SBI Delays Launch Of Crypto Exchange To ‘Strengthen Security’

Japan’s financial services conglomerate SBI Group announced in a post on its site Tuesday, Feb. 27 that it has to postpone the launch of its planned cryptocurrency exchange. In the public announcement, SBI apologized for the delay and explained that the company had to postpone the launch of the exchange for security improvement purposes. “We decided that it will take […]

Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’

Singapore Confirms It Will Not ‘Ban’ Cryptocurrency, Has No ‘Risk Concerns’

Singapore’s deputy prime minister Tharman Shanmugaratnam provided new commentary on the government’s commitment “not to ban” cryptocurrency as part of its future regulatory plans. In a series of fourteen statements published Monday, Feb. 5 in response to questions posed by members of parliament Tuesday, Tharman Shanmugaratnam, deputy prime minister and minister in charge of regulatory body the […]