FTX Japan Resumes JPY Withdrawals

FTX Japan announces that it resumed JPY withdrawals. Currently, FTX Japan only supports customers to close or reduce derivative positions, but not to open new positions. In addition, spot trading and sell function services are currently unavailable.

Previously, Japan's Financial Services Agency has ordered FTX's local unit to suspend operation. The regulator wants FTX Japan to halt the crypto asset exchange business and stop accepting new customers until Dec. 9, 2022 effective immediately, the order said.