A total of 16 Japanese Crypto Exchanges have joined together to form a new crypto association. The goal? To self-regulate cryptocurrencies in order to regain the public’s trust of the crypto industry as a whole.

News outlet Nikkei reported that the Japanese Crypto exchanges are looking towards self-regulation as a way to “rebuild public trust battered by high-profile theft.”

More information is going to be released later this year, about trading and disclosure rules. That information can be expected for public release sometime in the summer. In the meantime, the government will continue to ...