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(Update) FSA to Punish Major Crypto Exchange Operators

(Update) FSA to Punish Major Crypto Exchange Operators

   Tokyo, June 19 (Jiji Press)--The Financial Services Agency is seen issuing business improvement orders this week to at least five of the 16 cryptocurrency exchange operators registered in Japan, including industry leader bitFlyer Inc., it was learned Tuesday.
   The upcoming punitive action suggests even operators registered under the revised payment services law, enforced in April last year, have not yet established adequate internal control systems.

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AFP-JIJI PRESS NEWS JOURNAL


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