Cryptocurrency Q&A Is MEXC legal in Japan?

Is MEXC legal in Japan?

RobertJohnson RobertJohnson Wed Dec 25 2024 | 7 answers 1652
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. Is MEXC legal in Japan?

7 answers

TopazRider TopazRider Fri Dec 27 2024
The Japanese Financial Services Agency (FSA) has taken action against five cryptocurrency firms.

Was this helpful?

260
76
Thunderbolt Thunderbolt Fri Dec 27 2024
The FSA notified these firms of their non-compliance with Japanese law.

Was this helpful?

332
94
SsangyongSpirit SsangyongSpirit Fri Dec 27 2024
These firms have been warned for operating in Japan without proper registration.

Was this helpful?

270
51
Eleonora Eleonora Fri Dec 27 2024
The FSA issued the warnings in a regulatory crackdown on unregistered crypto entities.

Was this helpful?

146
46
Eleonora Eleonora Fri Dec 27 2024
The affected firms include Bitcastle, Bitget, Bybit, KuCoin, and MEXC.

Was this helpful?

331
48
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts