The post Japan’s New Crypto Law: Exchanges Required to Hold Liability Reserves for User Safety appeared first on Coinpedia Fintech News
Japan is preparing to introduce one of its most important crypto rules to protect everyday crypto users from hacks, exchange failures, etc. The country’s Financial Services Agency (FSA) is set to require all licensed crypto exchanges to maintain dedicated liability reserves, a safety buffer meant to protect customers if things go wrong, like the Mt. …