Japanese authorities have called for additional security measures to be implemented by crypto exchanges in an effort to combat scams. According to reporting from CoinTelegraph, the Japanese Financial Services Agency (FSA) has asked crypto exchanges to impose withdrawal delays, among other measures.
The FSA has also recommended the implementation of address registration, customer-specific limits, and stronger authentication processes. These measures are part of a broader push to curb the misuse of exchange accounts and enhance security for users.