Japan to Crack Down on Unregistered and Overseas Crypto Platforms
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The FSA’s plan would expand enforcement power over unregistered crypto platforms, including offshore services and decentralized exchanges. The draft rules mirror parts of Europe’s MiCA and South Korea’s approach, adding explicit insider-trading prohibitions and stronger tools for policing illegal market activity.
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Unregistered platforms are about to feel real pressure from regulators.
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Japan tightening rules on unregistered platforms shows a focus on investor protection.