Japan's FSA Requests Apple to Remove Bybit, MEXC, LBank, KuCoin, Bitget Apps in First Such Action

Japan's Financial Services Agency (FSA) has requested Apple and Google to remove apps of five unregistered overseas cryptocurrency exchanges from their app stores in the country. The targeted exchanges include Bybit, MEXC Global, LBank, KuCoin, and Bitget.

This marks the first time the FSA has made such a request. The move follows the FSA's earlier warnings to these exchanges for offering services to Japanese residents without the necessary registration under Japan's Payment Services Act. Apple has already complied by removing these apps from the App Store in Japan. The removal prevents new downloads of these apps, though trading through the exchanges' websites remains possible. The FSA continues to monitor the situation and consider further actions.

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