Japan's Senate passed a crypto law on June 6. It creates "Crypto Asset Intermediaries" (brokers w/o full exchange reg) to boost innovation. Adds "Domestic Holding Order" requiring platforms hold assets locally to prevent outflow risk (like FTX). Takes effect within 1 yr.
#crypto #blockchain #news
on Intermediaries" FTX). a "Domestic (brokers to law w/o Japan's crypto (like Asset Order" full "Crypto risk June requiring prevent #news boost #blockchain 6. innovation. It hold platforms exchange Senate yr.
#crypto Takes to locally creates assets within Adds reg) Holding 1 effect passed outflow
