Japan’s Financial Agency (FSA) has officially announced that it will hire a new leader, Ryozo Himino. On July 20 an update to the Financial Services Agency’s executive directory, notified that the new leader Ryozo Himino is now listed as the commissioner. Previously, Himino was the agency’s International Financial Deputy Counselor. He was also the first Japanese Chairman of the Standing Committee of the Financial Stability Board (FSB). Himino will be replacing commissioner To

Japan’s Financial Services Agency (FSA) has issued draft guidelines for funds investing in crypto. An announcement on September 30 mentions crypto assets in the introduction, but only alludes to them in the text of the proposed amendment itself, is the latest move by the authorities in the country to prudently manage the development of the market without shutting it down. The agency notes in the introduction to the proposed revisions to Supervision Guidelines: “It is anticipa

Japan’s Financial Services Agency (FSA) issued a report on September 3 indicating a decrease in crypto-related inquiries during the latest quarter. Only 494 crypto inquiries were submitted to the FSA office in the second quarter ended June 30. The number of inquiries decreased from 574 recorded in the first quarter ended March 30, dropping a total of 13.9%. In the meantime, 89 cases of illegal investment offers were reported to the FSA. FSA Instigates AML Sweeping Program It