Japan Cracking Down on Crypto: Is This Stopping Shady Business or Killing the Fun?

The Financial Services Agency (FSA) is cracking down on cryptocurrency exchanges with flaws in anti-laundering measures or consumer protection.

Coincheck, a cryptocurrency exchange that was hacked for $350 million, is expected to be one of the exchanges the FSA targets.

Think Japan's crackdown on crypto exchanges is necessary to protect investors, or is it stifling innovation.#JapanEconomy #Gate.io