/Japan's FSA Suspends Two Cryptocurrency Exchanges Due to Poor KYC/AML Practices

Japan's FSA Suspends Two Cryptocurrency Exchanges Due to Poor KYC/AML Practices



Since the Coincheck hack that gifted some unknown cyberpunks $500 million worth of the altcoin XEM and the Zaif exchange system mishap, crypto-friendly Japan has increased its regulatory oversight on cryptocurrency exchanges in the nation. On Friday, April 6, the Japanese financial watchdog has …

Source: Japan’s FSA Suspends Two Cryptocurrency Exchanges Due to Poor KYC/AML Practices