Share this article
Crypto Exchanges Huobi and Fisco Investigated by Japan Watchdog: Report
Crypto exchanges Huobi Japan and Fisco were investigated by the country’s Financial Services Agency last week, according to Reuters sources.
Updated Sep 13, 2021, 9:05 a.m. Published Apr 23, 2019, 2:00 p.m.
Cryptocurrency exchanges Huobi Japan and Fisco are said to have been investigated by the country’s financial watchdog last week.
A Reuters report on Tuesday, citing “two sources familiar with the matter” said that the Financial Services Agency (FSA) visited the two exchanges to assess their customer protection and anti-money laundering (AML) provisions.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Japanese exchanges run by the two firms have recently seen big changes at the management level, and the FSA investigation was aimed to ensure whether adequate compliance measures are in place under the new regimes, according to the sources.
Through the acquisition of licensed cryptocurrency exchange BitTrade, Huobi Group expanded its trading services to Japan last September.
Fisco, on the other hand, has just become the owner of the Zaif exchange, previously managed by Tech Bureau. After a major hack last September, the previous owner, Tech Bureau, moved to sell the business to Fisco for $44.7 million.
In the breach, Zaif lost approximately $62.5 million in bitcoin , and .
Since then, registration of new members had been suspended, while trading, depositing and withdrawing MONA had been on hold. The official transfer of the exchange to Fisco took place on Monday and full services resumed today.
Japan is one of the few countries to recognize bitcoin as a legal method of payment. The country passed a law in April 2017 that also brought cryptocurrency exchanges under anti-money laundering (AML)/know-your-customer (KYC) rules and mandated platforms to be licensed.
Japanese flag image via Shutterstock
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Di più per voi
These Three Metrics Show Bitcoin Found Strong Support Near $80,000
Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.
Cosa sapere:
- Bitcoin rebounded from the $80,000 region after a sharp correction from its October all time high, with price holding above the average entry levels of key metrics.
- The convergence of the True Market Mean, U.S. ETF cost basis, and the 2024 yearly cost basis around the low $80,000 range highlights this zone as a major area of structural support.
Top Stories
