Japanese watchdog issues warning to crypto derivatives exchange Bybit

Cointelegraph

Published May 31, 2021 09:50AM ET

Updated May 31, 2021 11:40AM ET

Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning.

The Japan Financial Services Agency issued a formal warning letter to Bybit stating that the firm is not registered to operate crypto services in the country.

Continue Reading on Coin Telegraph