Regulation· ★★★· bearish·

Japan's FSA warns offshore crypto exchange ZOOMEX over unregistered operations

  • —FSA added Zoomex.com to its unregistered operators list on September 25
  • —ZOOMEX offers spot trading and USDT-margined perpetuals, claiming 3 million users across 35+ countries
  • —Crypto derivatives in Japan require financial instruments business registration
  • —FSA previously warned IZAKA-YA and Bitget, which is exiting Japan from November 1
Why it matters: Japan is tightening pressure on unlicensed offshore exchanges, limiting local traders' access to such platforms.
Source: CoinDesk Japan