Japan Cracks Down on Unregistered Crypto Exchanges – Major Platforms Hit

In a bold move shaking up the crypto world, Japan’s Financial Services Agency (FSA) has launched a major crackdown on unregistered exchanges, leading to a purge of top platforms from Apple’s App Store.

Who’s Affected?

Some of the biggest names in the industry, including Bybit, KuCoin, Bitget, MEXC Global, and Bitcastle, have been removed at the FSA’s request for operating without proper registration—a clear violation of Japanese law.

Is This a Crypto Ban?

Not at all. Japan remains open to digital assets but is doubling down on investor protection with some of the toughest regulations in the world, shaped by past scandals like the Mt. Gox collapse.

Warnings Ignored

The FSA has been flagging these exchanges since November 2024 for running unauthorized services, but the platforms continued operations until now.

What’s Next?

Google has yet to follow Apple’s

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