Regulation· ★★★· bearish·

Japan: IZAKA-YA service to close after FSA warning

  • FSA warned IZAKA-YA on September 1 for operating without registration
  • The service stops new user registrations and lending for Japanese residents
  • The decision was announced on September 17, 2025
Why it matters: It shows the FSA tightening oversight of unlicensed crypto services in Japan.
Source: CoinDesk Japan