New Head of Japan's Financial Services Agency is Crypto-Friendly

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The Japanese government will appoint Ryozo Himino as the next commissioner of Japan's Financial Services Agency.

Listen to article A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency.

Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next commissioner of Japan's Financial Services Agency.

Himino, currently the International Financial Deputy Counselor, is known on the international stage.

Last September, he became the first Japanese Chairman of the Standing Committee of the Financial Stability Board.

FSA's new leader and cryptoHimino is considered sympathetic to the crypto industry.

The idea was to provide an opportunity for various stakeholders to gather at G20 and talk about the potential of blockchain to build decentralized financial systems.

To be fair, Toshihide Endo, the current head of FSA, is also a crypto-friendly regulator.

Uploading a picture he'd taken with Endo, Morgan Creek's Anthony Pompliano said last September "Japan's Financial Services Agency is a big proponent of Bitcoin and Lightning Network".

Japan's Financial Services Agency is a big proponent of Bitcoin and Lightning Network.

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