Japanese FSA Preparing to Issue Improvement Orders to 5 Major Country's Cryptocurrency ExchangesJapanese FSA Preparing to Issue Improvement Orders to 5 Major Country's Cryptocurrency Exchanges
By Crypto Digest - June 20, 2018

According to Nikkei Asian Review, Japan’s Financial Services Agency (FSA) is getting ready to issue approvement orders to 5 major cryptocurrency exchanges in the country due to low AML standards and the shortage of staff to be able to handle the growing deposit rate. This announcement was preceded by the exchanges' self-regulation attempt which bans the insider trading and privacy-based coins listing.