Japanese Regulators Suspending Activities of Two More Crypto Exchanges – but what about Coincheck?

Japanese Regulators Suspending Activities of Two More Crypto Exchanges – but what about Coincheck?

Japanese regulators

The Japanese regulators of the Financial Services Agency (FSA) have done it again. Two more crypto exchanges have been given a notice to suspend all trading activities. Another exchange was sent a business improvement notice by the government body. The biggest Japanese crypto exchange, Coincheck, may also be getting a new owner.

Nikkei Asian Review reports that the FSA is ordering the cryptocurrency exchanges to suspend business for two months. The FSA is continuing in its efforts to crack down on crypto exchanges and enforce regulations after the massive Coincheck hack back in January.

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