Japan: FSA warning against foreign cryptocurrency exchanges for operating without registration
Progress
Current status
under deliberation
31 Mar 2023 under deliberation
Scope
Implementers
Japan
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued FAS warning against foreign cryptocurrency exchanges for operating without registration
On 31 March 2023, the Japanese Financial Services Agency (FSA) issued a warning letter to fifteen foreign cryptocurrency exchanges for conducting derivatives trading services without registering and obtaining a license to operate, as required by loc…
SourceEvent type
investigation
Action type
announcement
Government branch
executive
Government body
other regulatory body