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FSA Voices Concern Over Crypto Exchanges Steering Customers to 'Sales Desks'

  • The FSA raised the issue during a July 15 meeting with the Japan Virtual and Crypto Assets Exchange Association (JVCEA).
  • Regulators are concerned that exchanges are guiding customers toward over-the-counter 'sales desk' services instead of order-matching exchange platforms.
  • The FSA framed the issue primarily as a matter of user/consumer protection.

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