Japanese Financial Watchdog Issues Warning over ICO Risks
Japan's Financial Services Agency has issued a statement warning investors of the risks associated with initial coin offerings or ICOs.
Crypto donations are legal and do not need to be approved for political donations like cash or securities.
Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.
The incoming commissioner of the Financial Services Agency has said the regulator will not soften rules on cryptos.
Japan's financial regulator is reportedly mulling the creation of a regulatory framework for firms raising funds through initial coin offerings.
Following a notable hack, Japanese regulators are moving to increase the frequency of on-site cryptocurrency exchange inspections.