REGULATIONS

Two more cryptoexchanges in Japan stopped working

Japan and Bitcoin

Two more cryptoexchanges in Japan stoped their activity on the eve of the immediate closure. Mr. Exchange and Tokyo GateWay have withdrawn earlier applications for licenses from the Financial Services Agency (FSA). As the newspaper notes, no official statements from the representatives of the sites have yet been received.

At the same time, Mr. Exchange announced that it received a warning with the requirement to strengthen internal security protocols against the backdrop of hacking Coincheck in late January and kidnapping more than $ 530 million in NEM tokens.

In early March, FSA also issued an order to suspend the operation of the other two Japanese systems – FSHO and Bit Station. As a reason, the inadequate reliability of internal security systems was also indicated. In addition, previously Bit Station also withdrew the application for a license to work in Japan, as well as two more sites – Raimu and bitExpress.

In addition, the material states that other sites may follow soon: FSA has proposed that several exchanges voluntarily close before the corresponding official orders are issued.

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blockchain, ICO, bitcoin, ethereum, mining

REGULATIONS


Two more cryptoexchanges in Japan stopped working

Published by blockchain, ICO, bitcoin, ethereum, mining