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Coincheck President: Lack of Crypto Regulations is a Turnoff for Japanese Investors
Summary: In an interview with IT Media, Satoshi Hasuo, the Representative Director and President of Coincheck said there are relatively “few” crypto-keen institutional investors in Japan, and lacking of a framework to help foster professional crypto investors. Coincheck is currently the only major domestic exchange that offers over-the-counter (OTC) transactions for large-scale customers and Hasuo stated that ...
In an interview with IT Media, Satoshi Hasuo, the Representative Director and President of Coincheck said there are relatively “few” crypto-keen institutional investors in Japan, and lacking of a framework to help foster professional crypto investors.
Coincheck is currently the only major domestic exchange that offers over-the-counter (OTC) transactions for large-scale customers and Hasuo stated that factors such as American regulators allowing banks to take charge of crypto custody had helped sway investors toward crypto. In Japan, meanwhile, banks are yet to receive the green light to offer such services.
By Amy Liu
Tags: Coincheck,Investors,Japan,Regulation
Link: Coincheck President: Lack of Crypto Regulations is a Turnoff for Japanese Investors [Copy]
