CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2024-11-29 15:38:06

Warning from Japan to Five Cryptocurrency Exchanges!

Five cryptocurrency exchanges were warned from Japan. Japan's Financial Services Agency (FSA) today issued warning letters to five offshore cryptocurrency exchanges that have failed to register. According to local news agency Coinpost, Japan's FSA has issued a warning to five cryptocurrency exchanges: KuCoin, bitcastle, Bybit, MEXC Global and Bitget. “Operating a cryptocurrency exchange in Japan requires registration with the Financial Services Agency and the Local Finance Bureau, but these exchanges appear to be providing services to Japanese users without permission,” the warning said. Since unregistered exchanges are not subject to FSA supervision, it is not possible to check whether the authorities protect customer assets in case of problems or unforeseen situations. The FSA also added that people who hold money on these exchanges are not covered by legal guarantees such as protection and compensation under Japanese law. *This is not investment advice. Continue Reading: Warning from Japan to Five Cryptocurrency Exchanges!

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.