Japanese Exchange BitFlyer Suspended New Registrations by Regulator Demand

Home / Japanese Exchange BitFlyer Suspended New Registrations by Regulator Demand

Japan’s Financial Services Authority (FSA) has ordered the largest cryptocurrency exchange in Japan to improve their security arrangements, to tackle money laundering activities. The order, received today, only concern the Japanese branch and will not affect the operation of US and European departments. The regulator demands that exchange carries out a mandatory verification of all users, and some users will be asked to provide their documents once again.

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