ChainCatcher news, according to CoinPost, the Financial Services Agency of Japan has issued a warning letter to five overseas exchanges engaged in cryptocurrency trading without registration.The exchanges that received the warning include:KuCoinbitcastle LLCBybit Fintech LimitedMEXC GlobalBitget LimitedAccording to Japanese law, companies engaged in cryptocurrency trading must complete registration with the Financial Services Agency or the local financial bureau. Unregistered exchanges are not regulated by the Financial Services Agency of Japan, making it impossible to confirm whether they properly manage key operations such as the separation of customer assets. In the event of a dispute or unexpected situation, customers will not be protected by Japanese authorities. Additionally, customer assets will not enjoy protections or compensation based on Japanese law, facing additional risks.

ChainCatcher news, according to The Fintech Times, the HM Revenue and Customs (HMRC) has sent out 8,329 warning letters to individuals suspected of owing capital gains tax on cryptocurrency. Meanwhile, new tax rules will require cryptocurrency trading platforms to report the income earned by individual sellers.In addition, cryptocurrency trading platforms will share customer information with the UK tax authorities starting in 2027.