Japan hints at blockchain gambling objection

Country’s financial watchdog may block cryptocurrencies with links to online gambling

Japan’s financial watchdog, the Financial Services Agency (FSA), has hinted at its disapproval of blockchain-based gambling apps. A report conducted by Xangle Research found that the FSA was more inclined to rubberstamp the approval of new cryptocurrencies should they not own, or be involved with, gambling or casino dapps (decentralised apps). Xangle’s report highlighted the…

Asia | Blockchain | Crypto | Cryptocurrency