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The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the country, only five satisfy the registration requirements set out by the regulator this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Five ICO Projects Expected to … Read more
Hitbtc has suspended its services for Japanese residents to avoid any trouble with the country’s financial regulator since it is not authorized to operate in Japan. Users with Japanese IP addresses will be asked to provide their residency information within the exchange’s know-your-customer (KYC) procedure to prove they are not residents of Japan. Also read: Yahoo! … Read more
The Japanese financial regulator has confirmed that so far eight companies have expressed the intention to withdraw their applications to operate cryptocurrency exchanges. Meanwhile, about 100 more companies are seeking to enter the market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FSA Confirms Eight Want Out The Japanese Financial Services Agency (FSA) held … Read more
The Japanese financial regulator has punished seven cryptocurrency exchanges in the country, suspending the operation of two of them. “The agency fears another Coincheck-style hack,” it stated after recent inspections of all crypto exchanges in Japan revealed inadequate measures for customer protection. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies FSA Punishes … Read more
