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Author Topic: Japan Hardens Rules for Cryptocurrency Storage and Trading  (Read 84 times)

Offline kaizel73

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Japan has officially revised its laws to provide more clarity – and tighter controls – over cryptocurrency.

The legislation amending the Payment Services Act and Financial Instruments and Exchange Act was formally enacted on May 31 and will take effect in April of next year.

Among the notable changes, the act does away with the definition of “virtual currency” and replaces it with the broader term “cryptographic assets.”

See whole story here:
https://www.coindesk.com/japan-hardens-rules-for-cryptocurrency-storage-and-trading
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Offline Chikada

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Re: Japan Hardens Rules for Cryptocurrency Storage and Trading
« Reply #1 on: June 10, 2019, 06:34:32 PM »
With good privacy wallets there would be good security in cryptocurrency space. I came across veil wallet which is stated as privacy without compromise. I was excited anyways. We can still look into it. Monero too. We need more of good privacy wallets.

Offline lavskrypto

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Re: Japan Hardens Rules for Cryptocurrency Storage and Trading
« Reply #2 on: June 12, 2019, 04:13:49 AM »
Well then that's good. This actually helps deal with the so many scams going on in the space. Good move.

 

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