Japan's FSA Warns KuCoin, Others on Unregistered Crypto Trading
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Japans Financial Services Agency issues fresh warnings to cryptocurrency platforms, including KuCoin, NeonFX, theoption, and GTCFX, for operating without proper registration and promoting unregistered derivatives trading to Japanese users. The FSA is preparing to enforce stricter regulations under the Financial Instruments and Exchange Act, increasing pressure on unregistered platforms to comply or avoid Japanese customers.
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