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Bitbank to Freeze Accounts Linked to Gambling Sites
12/04/2025, 03:06
AI SUMMARY
●Bitbank announces strict account freezing for users transacting with gambling sites
●The measure applies to direct transfers and related payment processing services
●Reflects tightening compliance regarding unregulated gaming in Japan
Japanese cryptocurrency exchange Bitbank announced strictly enforcement measures against accounts interacting with online gambling sites. The exchange will freeze accounts confirmed to be transacting with gambling platforms or related payment processors.
This move aligns with stricter compliance standards in Japan and warns users to avoid using their exchange accounts for unregulated gaming activities.