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FTX Japan Receives Three-Month Extension To Suspend Business

Failed crypto exchange FTX's Japanese subsidiary, FTX Japan, received approval from regulators to postpone the deadline for its business suspension by three months.

FTX Japan was initially asked to suspend business by Dec. 9, but the Ministry of Finance of Japan's Kanto Local Finance Bureau has extended the request to Mar. 9, 2023, according to Reuters.

(By Adam James)

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