HitBTC Suspends Japanese Users, Plans to Launch Regulated Crypto Exchange

Citing the need to comply with local regulations, Hong Kong-based cryptocurrency exchange HitBTC has suspended its operations in Japan and has outlined a plan to launch a regulated subsidiary in the coming months. Hong Kong-based HitBTC, the world’s seventh-largest cryptocurrency exchange by trading volume, says the precautionary measure to ‘temporarily’ suspended services to Japanese residents
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