Japan Wants Crypto to Grow Up, Put On a Suit, and Behave
Their September 2 report goes full detective: crypto apparently suffers from the same existential tragedies as regular investments-unclear whitepapers (which everyone pretends to read), suspiciously sparkly marketing, scams, unregistered get-rich-quick schemes, clueless investors, and exchanges with the security of a cardboard box. So, stricter FIEA rules will maybe, possibly, theoretically help. (Are we convinced? Jury’s out.)