Exclusive: Japan beefs up diplomatic efforts on regulating digital currency – sources By Reuters – Investing.com

Exclusive: Japan beefs up diplomatic efforts on regulating digital currency – sources By Reuters – Investing.com

By Leika Kihara and Takaya Yamaguchi

TOKYO (Reuters) - Japan is beefing up its diplomatic efforts to regulate digital currencies globally, three officials told Reuters, a sign of the government's growing alarm that a proliferation of new forms of private money could upend the financial system.

Tokyo is playing catch-up in a global debate among financial regulators about setting stricter rules on private digital currencies.