Japan’s FSA to establish new crypto brokerage business category with lighter regulations

Japan’s Financial Services Agency (FSA) is proposing a new business category for enterprises dealing with stablecoins and virtual assets. Under the new system, “intermediary” or “brokerage” businesses involved with crypto and stablecoins could face less stringent legal requirements than is currently the case, where they are forced to register as crypto exchanges.   According to a […] source: https://www.cryptopolitan.com/japans-fsa-to-establish-new-crypto-brokerage-business-category-with-lighter-regulations/