Japan intends to further relax cryptocurrency regulations by making it easier to list virtual coins, thereby increasing the country’s attractiveness to Binance and other overseas digital-asset exchanges. According to documents obtained by Bloomberg News, the organization that regulates cryptocurrency exchanges intends to enable them to list coins without going through its rigorous screening procedure, unless the tokens are new to Japan’s market. The loosened rule could go into effect as early as December, making it easier for startups to compete with established firms by easing the process of issuing tokens and decreasing the barrier to market entry.
