Unconfirmed: Japanese Regulator Conducts Flash Inspection of Huobi Japan, Fisco Exchanges

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The swoop, which reportedly happened last week, was in response to management changes, sources told Reuters. Japan’s financial regulator has reportedly investigated two domestic cryptocurrency exchanges to check consumer protection and legal compliance, Cointelegraph Japan reported on April 23.According to anonymous source originally speaking to Reuters, the investigation by the Financial Services Agency (FSA) on April 17 involved trading platforms Fisco and Huobi Japan, the local off-shoot of Chinese exchange Huobi.Fisco Digital Asset Group (FDAG) has been working with Tech Bureau Inc., the operator of the previously hacked Zaif exchange, to officially transfer the business to the former group.Both the…
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Unconfirmed: Japanese Regulator Conducts Flash Inspection of Huobi Japan, Fisco Exchanges

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