Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions

By CryptoNews - 2 years ago - Reading Time: 1 minutes

Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions

 
Japan’s top financial regulator, the Financial Services Agency (FSA), and the Ministry of Finance have told domestic crypto exchanges to suspend all transactions with Russians and Belarusians who have been hit with international sanctions.
Per Nikkei and Reuters, Tokyo is moving “in line with the United States and Europe,” in a bid to prevent crypto transactions “from becoming a loophole in economic and financial sanctions” placed on Russia and Belarus....
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Original source: CryptoNews