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JBA Replaces JADA Formed in mid-April, the JBA replaces the prior Japan Association of Digital Asset (JADA), which has been active in the sector since July 2014.The new group consists of high-profile members of the Japanese blockchain industry as well as member of Parliament (and long-time Bitcoin proponent) Mineyuki Fukuda and Japan's main financial regulator the Financial
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The Initial Rejection The Japanese Financial Services Agency (FSA) is reportedly preparing to reject an application to run a crypto exchange in the country. "The very first time it has done so," Nikkei reported, adding:The decision follows the ministry's conclusion that Yokohama-based FSHO lacks the necessary systems to operate its business...By barring an exchange operator
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