March 22, 2018 / 10:59 AM / a year ago

Japan to warn Hong Kong-based cryptocurrency exchange Binance - source

TOKYO, March 22 (Reuters) - Japan’s financial watchdog plans to issue a warning against Hong Kong-based cryptocurrency exchange Binance for operating in Japan without being registered, a person with the direct knowledge of the matter said on Thursday.

The Financial Services Agency will file a criminal complaint if the exchange does not stop operating despite the planned warning, the person told Reuters.

Reporting by Takahiko Wada; Writing by Kiyoshi Takenaka; Editing by Richard Borsuk

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