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Japan Urges Other Countries to Regulate Crypto Companies like Banks

Japanese regulators are calling for other countries to regulate cryptocurrency like banks, according to a report from Bloomberg on Jan. 16. Mamoru Yanase, Deputy Director General for the strategy bureau at Japan’s Financial Services Agency (FSA), spoke to the news company. He said: “Crypto has become this big…If you like to implement effective regulation, you have to do the same as you regulate and supervise traditional institutions.” (cryptoslate)

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