Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications

The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association…

FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month

Kenneth A. Blanco, director of the U.S. Financial Crimes Enforcement Network (FinCEN), has revealed that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports (SARs). The number of complaints now exceeds 1,500 per month, according to…

Stellar Receives Certification from Islamic Scholars, Religious Validity of Crypto in Question?

Islamic scholars have given blockchain platform Stellar, and its native cryptocurrency Lumens, Islamic certification. The California-based startup was also given guidelines on the specific assets that can be traded using its blockchain by the Shariyah Review Bureau. Stellar’s Certification Opens…