The financial services Agency of Japan (JFSA) pressures on the cryptocurrency exchanges of the country, so that they in turn ceased trading some altcoins. JFSA asks the platform to abandon Monero XMR, zcash ZEC, Dash DASH and other crypt, which criminals and hackers use to finance their business.
The Japanese government wants to prevent money laundering and other illegal activities in Japan. The government believes that criminals use these altcoins to Finance their illegal activities, as these operations are not monitored by the government, as they are anonymous.
Do you think the exchanges will give up Crypto?
I think the exchanges will either comply with the law or move their trading outside Japan. The regulators will have a difficult time as it is very easy to trade across borders but national laws are difficult to enforce beyond your territory. Exchanges will continue to operate in Japan, they just won't deal in the banned coins.