The Financial Services Authority (FSA) in Japan has decided to suspend the operations of FTX’s branch in Japan until March 9.
Japan’s financial regulator, with its decision last month, announced that the activities of FTX Japan were suspended until December 9th. Authorities this time Extension until March 9 took the decision.
from FTX itself “a separate establishment” FTX Japan, which claims to be unable to accept new customers and as a cryptocurrency exchange cannot serve.
Authorities in Japan reported this decision to FTX Japan. The assets belonging to the stock market are not smuggled abroad and the stock market customers are not harmed during this process. took for
FTX Japan customers, after completion of this process they can get a chance to get their money.
FTX Japan started to make a business development plan in line with the regulator’s decision. This plan, the details of which have not yet been shared, refunding customers also includes.