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Japan cracks down on cryptocurrency exchanges after massive hack


Japan has forced two cryptocurrency exchanges to halt trading as it cracks down on an industry that was shaken recently by a $530 million cyber heist.
The country's Financial Services Agency on Thursday ordered Bitstation and FSHO to suspend their operations for at least a month. The regulator said a Bitstation executive had used some customer funds for personal transactions, while FSHO is accused of not adequately protecting its customers.

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