Tokyo exchange operator eyes crackdown on Bitcoin-holding firms after DAT rout
Market Intelligence Analysis
AI-PoweredThe Tokyo exchange operator, JPX, is considering stricter regulations on companies holding Bitcoin, particularly those with backdoor listings or inadequate approvals. This move follows the recent decline of DAT, a Japanese cryptocurrency exchange. Metaplanet CEO Simon Gerovich has downplayed the concerns, stating they do not apply to his company.
Market impact analysis based on bearish sentiment with 74% confidence.
Article Context
Metaplanet CEO Simon Gerovich says JPX’s concerns target firms with backdoor listings or poor approvals and insisted the critique doesn’t apply to it.
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