Japan’s FSA Crackdown on Anonymous Cryptocurrency, Decentralized Exchanges Needed

Japan is a very peculiar when it comes to cryptocurrency. Despite legalizing this form of money in 2017, there is growing hostility toward anonymous currencies. More specifically, the Japanese FSA wants to see exchanges delist Monero, Dash, and ZCash. It is a very controversial decision which may hurt merchant adoption for those currencies as well.

Japan’s FSA Dislikes Anonymity

Despite Japan legalizing cryptocurrencies a year ago, there is still room for exceptions. Under the current...

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