Japan is one of the largest cryptopara centers in the world. In addition to the US, it is a country that is trying to create a license system for companies that want to enter the cryptopara world and apparently many companies want to benefit from it.
According to Japan's Financial Services Agency (FSA), 190 cryptopara companies It wants to enter Japan's digital capital market. 4 months ago this number was only 160.
in Japan Kriptopar to Market Is Growing
According to FSA's statement;
'If we include information for preliminary applications and applications, more than 190 companies have stated that they want to enter the market “
According to this interesting scenario, many companies want to make a legitimate attempt. FSA, after the Coincheck incident in January, would be more involved in the national cryptocurrency arena He explained. More than $ 500 Million crypto-robbery, the currency is that passive storage tactics are more used than active wallet He was criticized.
The FSA started working with Coincheck and other competing currencies on security protocols. FSA at the same time collaborating with the new license system on them and companies that do not go to partnership may be closed announced that the warning.
GMO Coin and SBI Virtual Currency in Japan 16 licensed cryptos there is. However, before all cryptoparas are open to the market Register with FSA.
Japan cryptosystems a lot of companies in these institutions tightly regulated and constitutionality says it should. Among those who want to do cryptopara-based business in Japan are companies like Yahoo !, Daiwa Securities Group, Money Forward Inc, Yamane Medical Corp, Avex Inc and Samurai & J Partners.
FSA Always in Control
The FSA also gives the title of crypto dealers to Lastroot and Everybody's Bitcoin after extensive inspection Approved by Coincheck Features. These companies and companies like them under control Japan's priority opportunity to enter the cryptography sector it gives.
Captured by Monex Group a few months ago, Coincheck was re-introducing.
Source: livebitcoinnews