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Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions

Japan’s top financial regulator, the Financial Services Agency (FSA), and the Ministry of Finance have told domestic crypto exchanges to suspend all transactions with Russians and Belarusians who have been hit with inter...

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Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions
 
Japan’s top financial regulator, the Financial Services Agency (FSA), and the Ministry of Finance have told domestic crypto exchanges to suspend all transactions with Russians and Belarusians who have been hit with international sanctions.
Per Nikkei and Reuters, Tokyo is moving “in line with the United States and Europe,” in a bid to prevent crypto transactions “from becoming a loophole in economic and financial sanctions” placed on Russia and Belarus....
Read More: Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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