GuShiio.com learned that according to CoinPost, Shiyuki Aburabu, director of the Planning and Markets Bureau of the Japan Financial Services Agency, has proposed a comprehensive reform plan for cryptoassets and stablecoins. Among them, the most noteworthy is the introduction of a domestic licensing system for crypto asset exchanges, which aims to strengthen user asset protection. In addition, as an adjustment to the regulatory framework, crypto asset trading and brokerage businesses will be established as independent business types. Under the current system, even if you only engage in brokerage business, you must register as a crypto-asset trading business.
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