The financial regulator #Japan , the Financial Services Agency (FSA), officially requested Apple and Google to block five unregistered cryptocurrency exchanges in their app stores.
According to Nikkei, these exchanges are Bybit, MEXC Global, LBank, KUCOIN, and #Bitget . #Apple removed the corresponding apps from the store in Japan on Thursday in response to the request. It has been reported that Google has not yet responded to this request.
It has been established that these companies provided services in Japan through their apps and websites, despite being offered 'cryptocurrency exchange' under the Payment Services Agreement, which is required to operate in Japan. The FSA had previously warned them to cease their activities, publicly disclosing their names.
The process of removal from the app stores does not prevent new users from downloading these apps, and opening them through the website cannot be prevented. It is claimed that the FSA is currently taking additional measures to ensure that users can access the service through websites.
