I am concerned about the legality of MEXC in Japan. I have heard about recent regulatory actions taken by Japan's Financial Services Agency (FSA) against unregistered crypto exchanges, and I want to know if MEXC is operating legally in Japan or if it has faced any regulatory issues.
7 answers
TopazRider
Fri Dec 27 2024
The Japanese Financial Services Agency (FSA) has taken action against five cryptocurrency firms.
Thunderbolt
Fri Dec 27 2024
The FSA notified these firms of their non-compliance with Japanese law.
SsangyongSpirit
Fri Dec 27 2024
These firms have been warned for operating in Japan without proper registration.
Eleonora
Fri Dec 27 2024
The FSA issued the warnings in a regulatory crackdown on unregistered crypto entities.
Eleonora
Fri Dec 27 2024
The affected firms include Bitcastle, Bitget, Bybit, KuCoin, and MEXC.