Financial Services Agency updates risk warning on unregistered operators
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On November 10, 2026, Japan’s Financial Services Agency updated the page “Beware When Trading with Unregistered Operators!! —Trading with Unregistered Operators Is High Risk—,” reminding residents of Japan to be vigilant about unregistered financial instrument business operators and crypto-asset exchange business operators. The Financial Services Agency pointed out that unregistered operators may lack investor protection mechanisms, and that problems such as refusal to process withdrawals, charging unlawful withdrawal fees, or suddenly becoming unreachable may occur during transactions. The Financial Services Agency recommends verifying the relevant operator’s registration status and warning records through the operator directory and the “Comprehensive Search Function for Financial Business Operators” before trading; if a dispute occurs, consult the relevant contact point.
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- 金融庁Japan’s Financial Services Agency updates “Caution Required When Trading with Unregistered Operators!! — Trading with Unregistered Operators Carries High Risks —” page
Japan’s Financial Services Agency updated its “Caution Required When Trading with Unregistered Operators” page, warning residents of Japan about unregistered financial instruments business operators and crypto-asset exchange service providers. Unregistered operators may lack investor protection mechanisms and may refuse withdrawals, charge excessive withdrawal fees, or suddenly become unreachable. The Financial Services Agency recommends checking operators’ registration and warning records through the operator directory and the “金融事業者一括検索機能” before trading. In the event of a dispute, users can consult the relevant contact points.
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