The Japan Financial Services Agency is paying attention to the UI diversion of exchanges and plans to discuss with the industry the issue of high spreads in sales offices

At the opinion exchange meeting on July 15th, the Financial Services Agency of Japan proposed that traders who provide both sales and call center services are guiding users to trade on sales centers with higher profitability. The Financial Services Department, citing the customer's best interests obligation that will come into effect in November 2024, will engage in dialogue with industry players regarding the UI guidance design and self regulatory rules for both parties. (Source: CoinPost)