Japan's JCBA has developed guidelines for the operation of pledged securities, promoting industry standardization and user protection.

PANews reported on May 8th that, according to CoinPost, the Japan Crypto Asset Business Association (JCBA) has developed an operational guideline, "Best Practices for Crypto Asset Staking Businesses," for staking services in Japan. The guideline aims to improve security and transparency, and strengthen user protection. Addressing industry issues such as opaque fees and risk management in the event of operator bankruptcy, the JCBA's guideline provides a comprehensive set of business improvement standards covering a wide range of areas, including operational requirements, emergency response, information disclosure, compliance, external auditing, and tax accounting. The JCBA stated that it will continue to update the guideline to adapt to market and technological changes.

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Author: PA一线

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