Japan’s regulator wants the crypto sector to be treated similarly to traditional banks

Japanese financial regulators are now calling for tougher regulations for the crypto sector. They are urging regulators worldwide to treat crypto the same way they do their respective banking sectors. Deputy director-general of the Financial Services Agencys Strategy Development and Management Bureau, Mamoru Yanase, stressed the need to properly regulate the crypto sectors considering its rapid growth in recent years. Crypto has become this big, Yanase told Bloomberg in an interview. If you like to implement effective regulation, you have to do the same as you regulate and supervise...

source: https://tokenpost.com/Japans-regulator-wants-the-crypto-sector-to-be-treated-similarly-to-traditional-banks-9871

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