Japan FSA Seeks New Crypto Exchange Safeguards Against Fraud

Crypto Exchanges Urged To Add New Withdrawal Restrictions To Combat Rising Fraud

Authorities are asking crypto exchanges to add new withdrawal restrictions to combat rising fraud. Japan’s Financial Services Agency and the National Police Agency are jointly urging the Japan Cryptocurrency Exchange Association to strengthen safeguards against fraud involving cryptocurrencies. The request comes amid increasing complexity of criminal methods, expanding damage to exchange customers, and cases in […]

Japan FSA pushes crypto withdrawal delays after scam surge

Japan’s FSA asked crypto exchanges to add withdrawal delays, address registration and stronger monitoring as digital-asset scam losses rise.

Japan FSA Seeks New Crypto Exchange Safeguards Against Fraud

Japanese authorities called for address registration, customer-specific limits and stronger authentication as part of a broader push to curb misuse of exchange accounts.

Japan FSA asks crypto exchanges to impose withdrawal delays to fight scams

Japanese authorities called for address registration, customer-specific limits and stronger authentication as part of a broader push to curb misuse of exchange accounts.

CRYPTO CRIME | Japan’s Financial Regulator Asks Crypto Exchanges to Delay Withdrawals to Combat Scams

Japan’s financial regulator has called on cryptocurrency exchanges to introduce withdrawal delays and additional safeguards as authorities move to curb increasingly sophisticated scams involving digital assets. The Financial Services Agency (FSA) said that it had jointly requested the measures with the National Police Agency citing growing losses among crypto exchange users and cases in which funds obtained through fraudulent schemes are being t…