Regulation· ★★★· neutral·

Japan's FSA launches dedicated page listing unregistered crypto exchanges

  • —FSA list names 3 domestic and 22 overseas unregistered firms
  • —Bybit Fintech Limited was listed three times: 2021, 2023 and 2024
  • —Latest addition is Hong Kong-based Izakaya Limited, operator of IZAKA-YA, added in September
  • —FSA seeks ¥1.33 billion for digital financial services in FY2027, 15x the prior year
Why it matters: The list makes it easier for Japanese users to verify an exchange's legal status and signals tighter scrutiny of offshore platforms.
Source: CoinPost
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