Earlier, all the cryptocurrency records affected were warned by the Japanese financial services agency (FSA) on the introduction of restrictions on the provision of unlicensed services to Japanese users.
BYBIT exchange team notedThat users who “have already loaded applications can continue to use them without any problems.”
Not all mobile applications of cryptocurrencies came into the field of view of the regulator. For example, the search queries “Cryptoactives” or “Virtual currency” still display the Crypto.com and Coinex applications. Also available for downloading the Bitcastle Cryptocurlet application. In addition, the Gate.io application appeared on the App Store, which in December last year acquired the Japanese cryptocurrency exchange of Coin Master.
Despite the tough position of Japan’s financial regulators in relation to the market for non -faculty cryptocurrency services, the FSA declared the willingness to revise the provisions of the Tax Code for the stimulation of the development of the digital assets market.
The position of the regulator is supported by the Prime Minister of Japan Sigeru Ishiba. The head of government said at a meeting of the Budget Committee of the House of Representatives of the Japanese Parliament that the federal supervision bodies are preparing “the necessary legal measures to turn cryptocurrency into an asset that contributes to the development of the national economy.”
Source: Bits
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