Japan’s Regulators Are Putting Bitcoin Exchanges Under Heavy Surveillance

Japan’s financial watchdog will soon pay very close attention to the internal systems of exchanges for virtual currencies such as bitcoin.

The country’s Financial Services Agency (FSA) said Sunday that it would be putting exchanges under what The Japan Times called “full surveillance” from next month.

That means monitoring internal systems, such as those used for protecting customers’ assets, and possibly on-site inspections.

The scrutiny is a big deal because--thanks to the...

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