Japan’s Financial Regulator Cracks Whip at 7 Cryptocurrency Exchanges

Japanese authorities have penalized seven domestic cryptocurrency exchanges following inspections, including a month-long suspension for two exchanges. Japan’s Financial Services Agency (FSA), the country’s financial regulator and watchdog, has narrowed down on cryptocurrency exchange operators using lax cybersecurity practices and inadequate money laundering measures. Two exchanges, FSHO and Bit Station, are hit the hardest with
The post Japan’s Financial Regulator Cracks Whip