Media: Japanese authorities have initiated an unscheduled check of Bitcoin exchanges

The Financial Services Agency of Japan (FSA) has begun an unscheduled check of two local cryptographic services for their compliance with customer protection standards and legal compliance. It is reported by the Cointelegraph , citing Reuters Japan.

An anonymous source told reporters that the investigation into the authorities affected the Fisco and Huobi Japan exchanges. Apparently, the regulator paid close attention to these platforms due to the alleged structural changes in the management of the companies.

Note, at the end of last year, the Bitcoin exchange operator Zaif transferred the business to the investment company Fisco after the platform was hacked in the fall.

According to an anonymous informant, the FSA was also interested in anti-money laundering measures taken by the exchanges. During the test, the regulator considered them insufficient.

Recall that in February, the National Police Agency of Japan reported that money laundering with the help of cryptocurrencies increased 10 times in the country.

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