Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

No decision yet on merging with other industry groups for self-regulating body- Japan Cryptocurrency Business Association

Two cryptocurrency industry groups in Japan are planning to team up to set up a self-regulating body in order to safeguard the interests of the investors, according to Reuters.

Sources familiar with the matter told the media giant that the Japan Blockchain Association (JBA) and the Japan Cryptocurrency Business Association are likely to merge in April.

The move comes in the wake of a major hack on Japanese cryptocurrency exchange Coincheck in which it lost nearly $530 million.

The existing chiefs of the two industry groups might take up the roles of chairman and vice chairman of the new body, sources added.

In an official statement on the matter, the Japan Cryptocurrency Business Association said on its website:

“There is a report that some industry associations will integrate and a new self-regulating organization will be launched at some press organizations, but we have no facts decided at the present moment.”

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 22 14:30 UTC Released

USECRI Weekly Annualized

Actual

3.1 %

Forecast

Previous

2.7 %

June 22 14:30 UTC Released

USECRI Weekly Index

Actual

150.1 %

Forecast

Previous

149.3 %

January 31 00:00 UTC 206183206183m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 206183206183m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 218003218003m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 206183206183m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 218003218003m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 206183206183m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 206183206183m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 206183206183m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.