Share this article
Japan Increasing Efforts to Regulate Digital Currency: Report
The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system.
Updated Sep 14, 2021, 1:26 p.m. Published Jul 16, 2021, 6:13 a.m.
Make us preferred on Google
Japan's Financial Services Agency has created a division to oversee "decentralized finance" and the Ministry of Finance is mulling boosting the number of staff focusing on digital currencies, Reuters reported on Friday, citing three officials it didn't identify.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system, according to the report.
- Regulation would complement the Bank of Japan's efforts on the central bank's digital yen.
Read more: Japan’s Financial Services Regulator Issues Binance Warning
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Here's what Fed's highly anticipated rate decision this week means for bitcoin and the dollar
Powell could signal a "dovish pause," but his comments on other issues may temper the bullish reaction in BTC and other risk assets.
What to know:
- The Fed is expected to keep rates unchanged this Wednesday.
- Powell could signal a "dovish pause," powering risk assets, including bitcoin, higher.
- His explanation of the status quo decision might put a floor under the dollar.
- Powell may get questions on the impact of Trump's housing affordability measures, perceived threat to Fed's independence and tariffs.
Top Stories
