Crypto exchange Gate.io terminates services for Japanese customers due to regulatory requests.
Crypto exchange Gate.io announced the termination of services for Japanese customers due to compliance requests from the country's financial regulator, the Financial Services Agency. The exchange will assist affected customers in migrating their assets and has stopped registering new accounts for Japanese users. Gate.io cited unfavorable regulatory environment in Japan as the reason for its exit.
July 23, 2024
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