Japan's Financial Watchdog Reveals Results Of Its On-Site Crypto Exchange Examinations | Coindelite News | More Treat


The Financial Services Agency (FSA) published the results of its field inspections of the cryptocurrency exchange operators. The financial watchdog plans to act stringently on the new applications from exchanges with hopes to receive an official operating license. The exchanges that have been newly formed will require to undergo on-site examinations at the start, and the agency has decided to inspect the proficiency of their respective business models narrowly.