World · Regulation · Japan ·
Japan FSA calls for crypto exchange withdrawal delays to combat account takeovers
Japan's Financial Services Agency asked crypto exchanges to impose withdrawal delays, address registration requirements, customer-specific limits, and stronger authentication methods to curb account takeover scams and misuse.
Why it matters for the crypto market
These measures represent a major tightening of Japanese exchange controls aimed at fraud prevention, setting new operational requirements for platforms serving the world's second-largest developed crypto market.
Source: Cointelegraph
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