How is FTX's subsidiary planning to restart withdrawals in Japan?

3 answers

• AdityaYsfMay 04, 2024 · a year ago
  FTX's subsidiary is planning to restart withdrawals in Japan by implementing a new KYC (Know Your Customer) process. This process will require users to provide additional identification documents and undergo a verification process to ensure compliance with local regulations. Once the KYC process is completed, users will be able to withdraw their funds as usual.
  363

  182
• Chio MiyamoSep 04, 2024 · a year ago
  To restart withdrawals in Japan, FTX's subsidiary is working closely with local regulatory authorities to ensure compliance with all necessary regulations. They are also enhancing their internal systems and processes to provide a secure and efficient withdrawal experience for users. The exact timeline for the resumption of withdrawals will be communicated to users once all the necessary preparations are in place.
  416

  139
• naseerudin bakshiJan 28, 2025 · 8 months ago
  As a third-party service provider, BYDFi is assisting FTX's subsidiary in the planning and implementation of the withdrawal restart process in Japan. They are leveraging their expertise in compliance and regulatory matters to ensure a smooth and compliant transition. Users can expect a seamless withdrawal experience once the process is finalized.
  348

  87