Japan Crypto Crack Down: FSA Flags 6 Native Cryptocurrency Exchanges

Japan

Japan has also been a crypto-forward and friendly country, but it seems Japan’s top financial regulator is putting its foot down on cryptocurrency exchanges. Just this morning, the Financial Services Agency (FSA) issued six new business improvements to the list of 16 cryptocurrency exchanges it previously approved.

The list of Japenese crypto exchanges receiving administrative punishment include:

bitFlyer
Bit Bank
BTC Box
Bit Point Japan
QUOINE
Tech Bureau

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bitFlyer In Hot Water

Among the list is Japan’s largest cryptocurrency exchange by trade volume, bitFlyer.

The …

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