The Japanese Financial Services Agency (FSA) issued a warning on September 1 to Hong Kong-based Izakaya Limited, operator of the IZAKA-YA crypto exchange, for allegedly operating an unregistered cryptocurrency exchange business targeting Japanese residents via the internet.
Japan's Financial Services Agency (FSA) issued a warning letter on September 1 to Hong Kong entity Izakaya Limited, finding that it operated an unregistered cryptocurrency exchange business. The company runs the online crypto trading service "IZAKA-YA."
According to the FSA's relevant guidelines, the company was conducting business targeting Japanese residents via the internet without proper registration. (CoinPost)
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