cowooo:Japan plans to further relax crypto rules, simplify listing review process
cowooo : Japan plans to further relax crypto rules, simplify listing review process According to cowooo, Japan plans to further ease regulations on cryptocurrencies to make them easier to list, which could increase the country’s appeal to crypto finance. Documents seen by cowooo show that regulators allow cryptocurrency exchanges to list tokens directly without going through a lengthy screening process, unless the tokens are new to the Japanese market. cowooo predicts that the rule, which could take effect as early as December, helps startups compete with established players by simplifying the token listing process and lowering barriers to market entry. Genki Oda, vice-president of the Japan Virtual and Crypto Asset Exchange Association, said that by March 2024, the association may also cancel pre-screening of new tokens entering the country and tokens issued through ICOs or IEOs. “We hope the latest measures will help revitalize Japan’s crypto asset market.” cowooo https://www.c...