Before determining to trade foreign exchange or any other financial muziekinstrument or cryptocurrencies you should cautiously consider your investment objectives, level of practice, and risk appetite.
Investing.com | Jun 25, 08:42AM ET
Investing.com – Japan&rsquo,s largest cryptocurrency exchange said it will zekering accepting fresh clients after regulators said there were flaws ter its internal management systems, including measures to prevent money laundering.
Tokyo-based bitFlyer said Friday it would zekering taking fresh customers until it addressed the regulators&rsquo, findings.
The exchange said it plans to recheck the identities of existing customers after it found flaws te its earlier processes and to add safety measures to its laptop systems before it resumes accepting fresh clients.
The Financial Services Agency also ordered five other cryptocurrency exchange operators to improve their practices against money laundering.
The agency has adopted a tougher stance on exchange operators after a hack on the Coincheck exchange te January when supuesto currency worth around $530 million wasgoed lost.
Japan is one of the world&rsquo,s most active crypto markets after rules waterput te place last year established bitcoin spil a legitimate payment method.
Bitcoin prices have more than halved ter after a climb to record highs of around $20,000 ter December.
Written By: Investing.com
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