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OmiseGo (OMG) Preparing for Japanese Regulations, Seeks New Compliance Officer in Tokyo Office

Tokyo skyline and Mountain fuji in Japan

OmiseGo, the Ethereum centric open payment platform and decentralized digital asset exchange, has advertised an opening for a Compliance Officer to start work as soon as possible at their Tokyo office.

The advertisement could indicate that OmiseGo (OMG) is prepared to do whatever it takes to be completely regulated across the entire Asian market moving forward.

Responsibilities of the job would be managing fund settlement law, developing countermeasures for security incidents as well as managing internal security education programs.

In order to get to the interview stage, all candidates must have legal business experience at a financial institution or other industry related compliance experience, 10 years of practice, experience working for ministries or agencies and, of course, proficient Japanese language on top of a working business level of English.

This move has likely been caused by tougher regulations imposed by the Japanese Financial Services Agency. Such regulations came to a head last week when two cryptocurrency exchanges in the country were forced to cease operations due to regulatory failings.

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