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Are there any updates on FTX's subsidiary's plans to restart withdrawals in Japan?

avatarHlamulo masontaNov 26, 2021 · 3 years ago3 answers

Can you provide any updates on the plans of FTX's subsidiary to resume withdrawals in Japan? I'm curious to know if there have been any recent developments or announcements regarding this matter. It would be helpful to have some insights on the progress and any potential timelines for the resumption of withdrawals in Japan.

Are there any updates on FTX's subsidiary's plans to restart withdrawals in Japan?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    As of now, there haven't been any official updates or announcements from FTX's subsidiary regarding the resumption of withdrawals in Japan. It's important to note that regulatory compliance and ensuring the security of user funds are top priorities for exchanges operating in Japan. Therefore, it's likely that the subsidiary is working diligently to meet all the necessary requirements before restarting withdrawals. While we don't have a specific timeline at the moment, it's advisable to keep an eye on official announcements from FTX or their subsidiary for any updates on this matter.
  • avatarNov 26, 2021 · 3 years ago
    Unfortunately, I don't have any new information on FTX's subsidiary's plans to restart withdrawals in Japan. However, it's worth mentioning that regulatory compliance is a crucial aspect of operating in Japan's cryptocurrency market. Given the strict regulations and the need to ensure the safety of user funds, it's understandable that the subsidiary might be taking the necessary time to meet all the requirements before resuming withdrawals. It's always recommended to stay updated with official announcements and news from FTX or their subsidiary for the latest updates on this matter.
  • avatarNov 26, 2021 · 3 years ago
    While I can't provide specific details on FTX's subsidiary's plans, I can tell you that BYDFi, another prominent cryptocurrency exchange, has successfully resumed withdrawals in Japan after meeting the regulatory requirements. This shows that it is possible for exchanges to navigate the regulatory landscape and resume withdrawals. It's likely that FTX's subsidiary is also working towards fulfilling the necessary criteria to restart withdrawals in Japan. Keeping an eye on official announcements from FTX or their subsidiary would be the best way to stay informed about any updates regarding this matter.