{"id":48198,"date":"2021-08-24T12:35:00","date_gmt":"2021-08-24T09:35:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48198"},"modified":"2025-09-02T01:04:45","modified_gmt":"2025-09-01T22:04:45","slug":"media-japan-considers-tighter-regulation-of-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/media-japan-considers-tighter-regulation-of-cryptocurrencies\/","title":{"rendered":"Media: Japan considers tighter regulation of cryptocurrencies"},"content":{"rendered":"<p>The Financial Services Agency of Japan (FSA) has begun discussing tougher rules for digital assets to protect investors, reports <a href=\"https:\/\/jen.jiji.com\/jc\/eng?g=eco&#038;k=2021082400220\">Jiji Press<\/a>.<\/p>\n<p>According to the publication, the FSA intends to revise the regulatory framework by mid-2022. This would allow the agency to \u201censure stability in the cryptocurrency market without hindering its growth and innovation.\u201d<\/p>\n<p>Earlier Reuters, citing sources, reported the creation at the FSA <a href=\"https:\/\/forklog.com\/en\/news\/japans-financial-regulator-creates-division-to-oversee-cryptocurrencies\">a division overseeing cryptocurrency regulation<\/a>. The move was prompted by growing concerns among authorities that the spread of \u201cnew forms of private money\u201d could undermine Japan\u2019s financial system.<\/p>\n<p>Earlier this spring, the agency announced plans to implement guidelines <span data-descr=\"Financial Action Task Force\" class=\"old_tooltip\"><a href=\"https:\/\/forklog.com\/en\/news\/japan-tightens-regulation-of-its-cryptocurrency-industry\"> FATF<\/a> <\/span>for local cryptocurrency firms. The changes will take effect by April 2022 and will require virtual asset service providers to disclose transaction data.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Services Agency of Japan (FSA) has begun discussing tougher rules for digital assets to protect investors, reports Jiji Press.<\/p>\n","protected":false},"author":1,"featured_media":48199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1756,135,36],"class_list":["post-48198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fsa","tag-japan","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/48198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=48198"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/48198\/revisions"}],"predecessor-version":[{"id":48200,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/48198\/revisions\/48200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/48199"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=48198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=48198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=48198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}