Japan's Financial Services Agency to bar virtual currency trader

First-ever move aimed at showing its resolve to create sound trading environment

Japan's Finance Ministry plans to ban virtual currency trader FSHO from operating after finding insufficient customer verification systems.

Nikkei staff writersJune 5, 2018 18:08 JST | Japan

TOKYO -- Japan’s Financial Services Agency is set to reject the registration of a virtual currency exchange operator, the first time it has done so.

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