NFT Collection The Superlative Secret Society Price, Stats, and Review
Memecoin Named After Brian Armstrong’s Dog TOSHI Rises and Falls Following Coinbase Listing
Ethereum whales scoop up $1B in ETH – Is a $5K price target on the horizon?
Made in USA altcoins like XRP and Solana poised for growth under Trump’s shadow
Pepe faces rising threat from 1Fuel, the potential next big crypto opportunity
Ledger Co-Founder Kidnapped and Released After Intense Rescue Mission
Low-cap meme coin to challenge ETH and SOL
SHIB & PEPE could storm ahead of DOGE: 1Fuel pre-release turns heads
SOL holders back Remittix: The altcoin set to change the future of global transfers
OSOL AI index pumps 135%: This meme coin index presale could be next
Why Are Litecoin Investors Turning To New Viral PayFi Altcoin Remittix Over Shiba Inu In 2025
Lightchain AI crypto presale hits $12m, poised to lead the bull run with XRP and Cardano
Is Polygon overvalued? What you should know as dApp volumes plunge 41%
President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)
Paris Blockchain Week 2025 Releases Expanded Schedule Introducing Many New Dedicated Events Addressing Hot Topics
TRUMP & MELANIA’s crypto empire: Pepeto is poised to be the next meme coin giant
Solana Outshines Ethereum, Achieving Over 5 Billion DEX Transactions in the Last 3 Months
President Trump Signs Executive Order To ‘Evaluate’ Strategic Bitcoin and Crypto Reserve, Ban Central Bank Digital Currency, Boost Stablecoins
2025 price forecast: XRP at $10, Ethereum at $6K and Catzilla exploding to $1
PEPE and DOGE Investors Predict Remittix Will Dominate 2025’s Altcoin Market
Brad Garlinghouse Defend Ripple’s Efforts In Strategic Bitcoin Reserve Push
Lightchain AI stands out amidst Trump’s $12 billion meme coin hype
ADA and XRP Backers Bet Big on Remittix: The Future of Global Crypto Transactions
Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve
Could strict regulations in Japan see crypto mature?
- According to a new report, fresh faces in the crypto space are likely to benefit from the strict regulations put in place in Japan.
- One prominent game developer, Double jump.tokyo has brought Japanese law firm, So & Sato who specialise in blockchain and digital assets.
According to a new report, fresh faces in the crypto space are likely to benefit from the strict regulations put in place in Japan.
One prominent game developer in the industry responsible for entries such as My Crypto Heroes, Double jump.tokyo has brought in a Japanese based law firm, So & Sato who specialise in blockchain and digital assets such as bitcoin.
At the end of last month on the 31st of March, the Lowe company released a report that looked over all aspects of cryptocurrency in the nation. This includes things such as crypto derivatives and tokenised securities.
Two of the attorneys for the company, Joerg Schmidt and So Saito spoke in an interview with Cointelegraph Japan where they explained that local regulations for platforms relating to crypto are significantly stricter than in most other countries around the world. Despite this, they said that it would be beneficial in the long run because it encourages the traditional finance sector to get more involved in the market. They said:
“The market is highly regulated in Japan. What seems to be a regulatory overkill, at first sight, is likely to help the market to mature in the mid to long term. This will allow more institutional players to enter the market and to increase their stake in the digital asset space.”
When it comes to regulation in Japan, all the laws typically fall under the payment services act and the financial instruments and exchange act. With both of these acts, amendments were passed which made the existing regulations significantly stricter and are set to come into Japanese life next month in May.
Under these new regulations, platforms in China must employ third-party operators in order to keep hold of their users' money. This was so it is separated from their own cash flow.
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
