FTX Chapter 11 from Japanese Law Perspective (2)

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In light of the high-profile nature of the Chapter 11 case of the FTX Trading group and the number of stakeholders involved, as well as potential legal issues in Japan brought by future developments, we have been releasing a series of articles focusing on this case from the Japanese law perspective.

In this second article, we provide an overview of regulations on crypto-asset exchange service providers (“CAESPs”) focusing on the protection of their customers, applicable administrative dispositions, and key points in CAESP insolvency and restructuring.