Japanese Financial Regulator Temporarily Halts Activities Of Two Crypto Exchanges

Japan’s Financial Services Agency (FSA) has ordered the suspension of two more cryptocurrency exchanges and sent a business improvement notice to another, following a series of inspections after the January hack of around $534 mln in NEM from Japanese crypto exchange Coincheck, local news outlet Nikkei Asian Review reports today, April 6.

As a result of the FSA’s on-site inspections of Japan’s 15 as-of-yet unregistered crypto exchanges, the regulator has already halted operations at two exchanges and sent business improvement notices to seven, including Coincheck…

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