Japan's FSA concerned about clients being steered to 'sales' venues
- —FSA pointed to the risk of clients being steered to '販売所' instead of the exchange format
- —In fiscal 2026, FSA is betting on on-chain finance
- —From April 1, 2027, in-person KYC requires documents with an IC chip
- —FATF added Iran ban on crypto provider branches and new correspondent accounts
Why it matters: Tighter requirements for fee disclosure and KYC in Japan could change the revenue model of local exchanges and set a standard for other jurisdictions.
Source: CoinPost