Japanese FSA gets increasing number of enquiries about virtual currencies

“There are 159 reports about fraudulent investment solicitation, and 107 of these reported financial losses as a result of this solicitation” reports According to the data, the FSA’s Counseling Office for Financial Services Users received a total of 685 investor enquiries about virtual currencies in the quarter to September 30, 2017.Virtual currencies spark a growing number of questions among investors in Japan.

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