Two business suspension orders and three on-site inspections later, Japan has handed down its first-ever official rejection of a cryptocurrency exchange application. Announced by Japan’s financial regulator, the Financial Services Agency (FSA) on Thursday, the authority accused Yokohama-based FSHO of being a “corporation that has not established a system to properly and reliably carry out
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Source: CCN.com
Original Post: Japan Issues First Official Rejection of Crypto Exchange License Application