June 22, 2018 / 7:30 AM / 3 months ago

Japan watchdog orders improvements at cryptocurrency exchanges

TOKYO, June 22 (Reuters) - Japan’s financial regulator said on Friday it had ordered cryptocurrency exchanges including bitFlyer, Inc, one of the country’s biggest, to make improvements to lax measures on money laundering.

The Financial Services Agency slapped six exchanges with business improvement orders after it found weaknesses in their anti-money laundering systems and controls. (Reporting by Thomas Wilson Editing by Jacqueline Wong)

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