Gate News reports that on March 27, the Kanto Financial Bureau in Japan issued a warning letter to a certain CEX, stating that it was offering over-the-counter derivatives trading to Japanese residents without proper authorization in Japan. According to Japan’s Financial Instruments and Exchange Act, engaging in margin forex trading and crypto asset margin trading requires appropriate registration. The Kanto Financial Bureau indicated that the exchange’s registered address is unknown, and there may be false information involved. Investors are advised to be cautious of solicitations from unregistered entities. Previously, the Financial Services Agency of Japan issued a similar warning to this platform and others in November 2024.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
