The Minister of the Interior of Japan Denies His Involvement in the Investigation of Cryptocurrency Crimes
Seiko Noda, who is Japan's interior minister, denies having any involvement in a government investigation into unregistered crypto exchanges operating in the country. In January this year, the Financial Services Agency of Japan (FSA), suspected that one of the companies based in Tokyo, violated the law, as it organized an unregistered crypto exchange. Here we are talking about the crypto exchange Noda. It should be noted that a few days after issuing a warning to the exchange, its representatives contacted the FSA in order to find out what exactly happened.
According to Asahi Simbun, who is one of the key persons of the trading platform, in late January, the official representative of the Agency for Financial Services of Japan visited the exchange office to explain the agency's position on the regulation of the exchange.
It should be noted that just a few days ago, the Japanese government announced that in order to better prepare the agency for regulatory issues, the FSA underwent some organizational rearrangements. For example, the newly established Bureau for Strategy Development and Management has replaced the Bureau of Inspections and will develop policies related to the financial strategy and solving the problems in the field of digital currencies.