Five cryptocurrency exchange operators including Coincheck have signed up to self-regulate under Japanese law. They have joined the self-regulatory association which, until now, has only accepted regulated crypto exchanges as members. According to Japan’s top regulator, companies seeking to register their exchanges in the country must follow to self-regulatory rules.
More Exchanges to Self-Regulate
The Japan Virtual Currency Exchange Association (Jvcea), currently the only self-regulatory organization (SRO) in the Japanese cryptocurrency space, announced on Friday that five cryptocurrency exchange operators have joined the association.