Regulatory Pressures Prompt Gate.io to Suspend New Account Sign-ups in Japan
Gate.io is suspending new account registrations for Japanese users starting July 22, 2024, following compliance requests from Japan’s Financial Services Agency.
The exchange is halting all operations in Japan due to regulatory pressures. Despite the suspension, Gate.io aims to adhere to Japanese regulations and plans to assist its customers by transitioning them to exchanges that comply with local laws. The company has not yet announced the full shutdown date for its services in Japan.
Clever Robot News Desk 24th July 2024
