Financial Services Agency

Meaning of Financial Services Agency It is the official Japan financial regulator and also oversees cryptocurrency and related businesses activities including approval of crypto exchange, on-sight inspection, security and financial miss-management audit. FSA also have the power to prosecute financial offenders.  

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Transaction Privilege Tax

Meaning of Transaction Privilege Tax It is tax which are directly deducted from POS during a cryptocurrency based transaction into government account. The first TPT bill was first introduced in mid 2018 by Arisona Senate in USA.

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Cryptosweep

Meaning of Cryptosweep It is an investigation into how Cryptocurrency and Blockchain based  companies run their business activities to detect any fraudulent practices and exposed them. Launched in 2018 by NASAA members from over 40 jurisdictions throughout North America. The operation was tagged Operation Cryptosweep - Click it for full details.  

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