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[2018-03-08] Japanese Regulators Suspend Two Crypto Exchanges
by
shakaru
on 08/03/2018, 08:52:07 UTC
Finance regulators in Japan have ordered month-long suspensions for two domestic cryptocurrency exchanges.

The Financial Services Agency (FSA) said on Thursday that it has issued business suspension orders to two exchanges - FSHO and Bit Station - effective for one month starting from today.

The FSA mandated that seven trading platforms in total must improve their system security measures and submit a written improvement plan by March 22. Those four exchanges are Tech Bureau, GMO Coin, Mister Exchange, Bike Limited as well as Coincheck, the exchange at the center of a recent $500 million heist that sparked the ongoing probe by the agency.

https://www.coindesk.com/japans-fsa-announces-suspension-of-two-crypto-exchanges/