Bitcoin"Cabinet Order, etc. revising part of Enforcement Order of Banking Act etc." incorporating virtual currency exchange trader into registration system, etc. will be effective from April 1st. Registration preparation period before construction starts from March 25.
Following this, the Financial Services Agency will publish the answers to public comments that were recruited last December 28 through January 27. A total of 138 questions and comments were received from many business operators. Some public commenters requested part of the Cabinet Office Ordinance to be revised, but there is no change in the proposal released last year, and each company is expected to prepare for registration of the virtual currency exchange industry as it is.
Issues in public comment were management of books, auditing, sorting management.
In addition, a new view of the Financial Services Agency was obtained, such as the possibility that registration to the virtual currency exchange industry may be unnecessary when only the loan of the virtual currency is done as a business.
· "Should be registered system for Wallet dealers"
· "When the convenience store headquarters registers, does the franchisee need registration at the time of sale?"
· "I want Bitcoin, MONA Coin, XEM, Counterparty token to be in the transactionable virtual currency whitelist"
There were also interesting comments such as.
The Financial Services Agency as a whole said that "it should be judged practically in accordance with the actual situation of transactions for each individual case", and although it is hard to do, it is not that there are cases where registering is unnecessary if the back side is returned I wonder.
In this enforcement, pre-consultation is also accepted regarding the necessity of registration, so in consideration of the purpose and background of the enforcement law, the virtual currency related business enterpriser will make a precedent while consulting with the authorities right.