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?
This is great news in the cryptocurrency community as it helps enthusiasts, investors and traders safety. I do hope my country or some countries will be adopting such move to ensure it's citizens safety towards cryptocurrency related investments. We cannot trust exchanges and ICO's without government's regulation and this is really one of the most important part of this industry and I know everyone love it.