😱 Apple’s Crypto Clobber: Japan’s FSA Nabs Naughty Exchanges! 😱

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Apple’s Crypto Clampdown: FSA’s “No App for You!” Move in Japan

Hold onto your digital wallets, folks! The Financial Service Agency (FSA) of Japan has gone all “Soup Nazi” on us, telling Apple and Google to block downloads of five crypto exchange apps. Why? They’re not playing by Japan’s rules!

Last week, the FSA was like, “No soup for you!” to Bybit (from sunny Dubai), MEXC Global (Singapore’s pride), LBank Exchange, KuCoin (the Seychelles sensation), and Bitget (Singapore’s crypto kid). And guess what? Apple played ball and yanked ’em from the App Store on February 6. Ouch!

Japan’s like the cautious grandpa at the crypto party. While Hong Kong’s dancing with Bitcoin and Ethereum ETFs, Japanese regulators are like, “Let’s not get too wild, kids.”

But hey, don’t panic! Industry experts say this isn’t a full-on crypto smackdown. Just a gentle reminder to play by the rules, folks.

These exchanges were warned before, like a kid caught with his hand in the cookie jar. But not all unlicensed exchanges got the boot. Crypto.com and CoinEx are still hanging around in the “crypto assets” and “virtual currency” searches. Lucky ducks!

Bybit got the boot, but they’re all, “No worries, mates! If you’ve got the app, keep on trading!”

As for the authorities, they’re staying silent. But let’s not forget, this all happened just weeks after the FSA’s call for stricter crypto audits. Coincidence? 🤔

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2025-02-07 20:39