Japan Moves to Ease Crypto Token Listings After FTX Collapse
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Japan will make it easier for cryptocurrency exchanges to list tokens, pressing ahead with plans to liberalize the industry even after the epic failure of Sam Bankman-Fried’s digital empire.
The body that governs crypto exchanges informed member companies on Wednesday of the new rule which takes effect immediately, enabling them to list coins without going through a lengthy pre-screening unless the tokens are new to Japan’s market, according to documents seen by Bloomberg News.