Is Japan's crypto industry self-regulated?
Could you elaborate on the extent to which Japan's cryptocurrency industry is self-regulated? Do they have a robust system of industry associations or governing bodies that oversee market practices and promote compliance? Are there any key regulations or laws that provide a framework for self-regulation? What challenges, if any, do these self-regulatory efforts face? How effective are they in preventing illegal activities or market abuses? What role does the government play in this self-regulatory system, if any?