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Japan punishes crypto exchanges after hack
The Financial Services Agency in a clampdown ordered two exchanges to halt operations for one month
Published Thu, Mar 8, 2018 · 09:50 PM
Tokyo
JAPANESE authorities on Thursday ordered two cryptocurrency exchanges to suspend operations as part of a clampdown following a massive hack that saw thieves steal hundreds of millions of dollars in virtual currency.
The Financial Services Agency (FSA) said in a statement it had ordered FSHO and Bit Station, exchanges based in Yokohama and Nagoya, to temporarily halt their operations for a month from Thursday.
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