Japan Halts Two Crypto Exchanges Over Insufficient KYC Mandate
Japan's financial regulator has ordered two cryptocurrency exchanges in the country to halt their operations for two months due to insufficient know-your-customer (KYC) mandate.
Effective immediately, the temporary ban will last until June 5 and June 7, respectively, for Eternal Link and FSHO, according to two administrative penalty orders issued by the Financial Services Agency (FSA) on Friday.
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