Japan's Financial Regulators Crack Down on Crypto Exchanges Amid Scam Concerns

The Japanese Financial Services Agency (FSA) and the National Police Agency have jointly requested cryptocurrency exchanges to implement outflow restrictions, aimed at preventing scams. This move is part of the agencies' efforts to strengthen oversight of the industry.

Russia has passed a comprehensive law regulating cryptocurrencies, which includes registering exchanges and prohibiting domestic transactions with digital assets. The new legislation comes into effect on September 1.

The Sui blockchain has announced plans to integrate two quantum-resistant signature schemes, allowing for secure key management while maintaining existing addresses.