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JVCEA Chair Oda Discusses Shift of Crypto Oversight to Japan’s Financial Instruments Act

Oda of the Japan Virtual and Crypto Assets Exchange Association outlines the organization’s readiness and the redefinition of self-regulation amid upcoming legal changes.

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Terms & Concepts
  • JVCEA (Japan Virtual and Crypto Assets Exchange Association): A self-regulatory body for cryptocurrency exchanges in Japan, recognized by the Financial Services Agency.
  • Financial Instruments and Exchange Act (Japan): Japanese legislation governing securities, derivatives, and related financial transactions, overseen by the Financial Services Agency.
  • Self-regulation: Industry-led enforcement of rules and standards without direct government control.