Japan FSA Study Group Discusses DeFi Regulation and Gatekeeper Responsibilities

According to ChainCatcher citing CoinPost, Japan’s Financial Services Agency published minutes from the first meeting of its study group on approaches to digital and decentralized finance, held on October 20. The group discussed DeFi and decentralized exchanges, including how to assign gatekeeper responsibilities. Members said Japan should respond promptly to avoid becoming a regulatory void or a destination for regulatory arbitrage.