Details of the report released by Japan’s Financial Services Authority
- The three exchanges are FSHO, Eternal Link, and LastRoots
- FSHO and Eternal Link were also ordered to suspend operations
- Business improvement orders were given to the three exchanges
The orders are mostly related to the measures implemented by the exchanges with regards to counter money laundering and systems risk. The FSA found that these three exchanges lacked the necessary in those areas so that’s why they were issued the improvement/suspension orders.