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Business

Japan's cryptocurrency industry to set up self-regulatory body

Coincheck hack provides catalyst for consolidation of two business groups

The Japan Blockchain Association and the Japan Cryptocurrency Business Association are set to merge in April. (Photo by Wataru Ito)

TOKYO -- Two cryptocurrency industry groups in Japan have agreed to merge in an effort to accelerate the establishment of voluntary regulations and regain public trust in the aftermath of a massive virtual currency heist.

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