LATEST: 🇯🇵 Japan's FSA has asked crypto exchanges to impose withdrawal delays after fiat deposits or crypto purchases, part of a joint push with police to curb scam-related fund transfers.

What happened

Japan’s Financial Services Agency asked cryptocurrency exchanges to place a waiting period on withdrawals that occur after a user deposits fiat money or buys crypto, working with police to block transfers linked to scams.

Confirmed

Global impact / market context

The delay makes it harder for scammers to move stolen funds quickly, protecting users, but it also means legitimate traders must wait longer to access their money, which can slow their ability to spend or reinvest cash.

Analyst inference

Around the world, regulators are adding rules to crypto markets to fight fraud, and Japan’s step adds to this global push, showing authorities are willing to require new safety features that could change how digital‑asset services operate.

Analyst inference

What to watch

1. How fast exchanges can implement the withdrawal‑delay system and whether any technical glitches appear, which could affect user experience and confidence in the platforms. Analyst inference
2. Whether the new rule leads to a drop in daily trading volume as users wait longer to move money, potentially reducing overall market activity. Analyst inference
3. If other countries’ regulators adopt similar withdrawal‑delay requirements, which could create a broader international standard for handling crypto transactions linked to fraud. Analyst inference

Evidence

• x.com