bitFlyer to impose 48-hour crypto withdrawal freeze after yen deposits
- —Restriction lasts 48 hours after each yen deposit
- —Withdrawal cap is 48-hour deposits minus ¥100,000
- —Applies to users verified less than 90 days ago
- —Yen withdrawals, trading and custody are unaffected
Why it matters: The exchange is tightening anti-fraud controls amid rising crypto scams in Japan, a move other venues may follow.
Source: TokenPost