Japan Issues First Official Rejection of Crypto Exchange License Application - Bitcoins

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Friday, 8 June 2018

Japan Issues First Official Rejection of Crypto Exchange License Application

Japan Issues First Official Rejection of Crypto Exchange License Application
Samburaj Das

Two business suspension orders and three on-site inspections later, Japan has handed down its first-ever official rejection of a cryptocurrency exchange application. Announced by Japan's financial regulator, the Financial Services Agency (FSA) on Thursday, the authority accused Yokohama-based FSHO of being a "corporation that has not established a system to properly and reliably carry out

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