Coinbase Now Part Of Japan’s Self-regulatory Organization for crypto firms
Coinbase has now become a second-class member of the Japan Virtual Currency Exchange Association (JVCEA), the self-regulatory organization given the mandate to oversee the industry by the Financial Services Agency (FSA) in 2018.
The body has the aim of ensuring that its exchange members carry out “sound” business as set out in local law. As an official SRO, it can put in place rules for the nation’s exchanges and take action over any violations.
It is also worthy of note that Coinbase has made a the crypto industry a place to be for everyone ranging from their smooth services to the sceurity provided to it customers and users.