{"id":215282,"date":"2019-06-03T12:51:46","date_gmt":"2019-06-03T07:21:46","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=215282"},"modified":"2019-06-03T12:51:46","modified_gmt":"2019-06-03T07:21:46","slug":"cryptocurrency-bill-japan-approves-national-legislation-governing-crypto-regulation-bill","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/06\/03\/cryptocurrency-bill-japan-approves-national-legislation-governing-crypto-regulation-bill\/","title":{"rendered":"Cryptocurrency Bill |  Japan approves &#8212; National Legislation Governing Crypto Regulation Bill"},"content":{"rendered":"<p style=\"text-align: justify;\">As reported by the media, Japan\u2019s House of Representatives has approved a bill which that would basically introduce amendments to two national laws that are applicable to crypto assets \u2014 the Act on Settlement of Funds and the Financial Instruments and Exchange Act.<\/p>\n<p style=\"text-align: justify;\"><em>&#8220;The bill \u2014 which had been prepared by Japan\u2019s Financial Services Agency (FSA) and accepted by the House in mid-March of this year \u2014 has been passed by a majority in the House of Councilors plenary session.&#8221;<\/em><\/p>\n<p>Bill also provides for stronger legislation for crypto margin trading, limiting leverage to two to four times the initial deposit.<\/p>\n<hr \/>\n<p style=\"text-align: justify;\">[Source: Cointelegraph]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As reported by the media, Japan\u2019s House of Representatives has approved a bill which that would basically introduce amendments to two national 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