Japans primary financial regulator has formally granted the cryptocurrency industry with a self-regulatory status by allowing an industry body to police domestic exchanges. With the acquisition of the accreditation, they'll continue to make further efforts to create an industry that people can trust from everyone who uses virtual currency with members exchanges. Do you think we'll see this happening in other countries anytime soon?
I think its good news but in others side, government should involved when creating regulation. Government needed to protect investor money because in many country cryptocurrency still unregulated. We saw many scam ICOs this year and many investor lossing their money