Japan: FSA Chief Says No Plans to Deregulate Bitcoin Trading, Focus on CBDC Development

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Japan Central Bank’s Top Economist to Lead Department Researching CBDC 350x209 3

Ryozo Himino, the new chief of the Japanese financial regulator – the Financial Services Agency (FSA) – told Reuters there is no need to promote non-fiat pegged cryptocurrencies such as bitcoin (BTC). Rather, the focus should be given to the development of central bank digital currencies (CBDC). Promoting Cryptocurrency Trading not a Priority In a

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