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Business trends

Crypto exchanges begin self-policing to heal public trust

New industry group in Japan aims to bolster customer protection

The popularity of bitcoin spurred a cryptocurrency gold rush that lured new exchange operators into a still lightly regulated field. (Photo by Wataru Ito)

TOKYO -- A self-regulatory body for Japan's cryptocurrency exchanges debuted Monday as the nascent industry seeks to set higher standards in order to rebuild public trust battered by a high-profile theft.

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