Japan’s Crypto Overhaul: New Rules to Prevent the Next Hack (Yes, Another One!)
Hold onto your digital wallets, folks! The FSA is putting forward a dazzlingly new regulatory framework that requires digital asset custodians to actually register before providing any services to cryptocurrency exchanges. Because, apparently, letting them operate without any oversight was the most innovative idea ever. The proposal is part of an urgent bid to stop hacks, especially after the catastrophic DMM Bitcoin breach. The plan is simple: only allow exchanges to use systems developed by those lucky enough to have registered. Problem solved! (We hope.)







