ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

Japan Virtual Currency Exchange Association Asks FSA To Make It Official




The self-regulatory filed paperwork with the FSA late last week.

The Japan Virtual Currency Exchange Association (JVCEA) filed an application with the country's Financial Services Agency (FSA) to become a "certified fund settlement business association" on August 2, according to JVCEA's website.

If formally recognized by the FSA, the JVCEA will have the official go-ahead to become a self-regulatory organization. This is in line with the organization's stated intentions since its formation in March of this year. It will then have the FSA's blessing to enforce rules the exchange association drafted in June that, in part, prohibit exchanges from engaging in insider trading or listing privacy coins.

The JVCEA is a consortium of 16 FSA-approved currency exchanges seeking to legitimize Japan's crypto space in the wake of the Coincheck hack, in which $500 million worth in crypto was stolen. Its members include bitFlyer, Bitbank and SBI.

In a statement about the filing from Friday, August 3, the JVCEA writes:

"We will work closely with registered virtual currency exchange traders and all those who support us while fully working to restore users' trust in domestic virtual currency handlers and markets."

Quotations translated from Japanese using Google Translate.

Jeff Benson

Jeff Benson is Managing Editor of ETHNews. He's worked as a writer and editor everywhere from Sudan to Reno. He holds a bachelor's in politics from Willamette University and a master's in nationalism studies from University of Edinburgh. When he's not in the newsroom, he trots the globe and writes about it. He holds a bit of value in ETH.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Japan Virtual Currency Exchange Association, currency exchange or other Ethereum wallets and exchanges news.