Hitbtc denies access to its services for Japanese residents. All coins are sliding down, Bitcoin is close to critical support. Cryptocurrency market switched back in red mode after a period of recovery during the previous week. Bitcoin is losing 2% since the start of the day, Ethereum and Ripple are down 2.5% and 4.5% respectively. IOTA and Bitcoin Gold are among the biggest losers of cryptocurrency Top-10. Hitbtc, the Hong Kong exchange for trading digital assets with average daily volume over $278M has stopped servicing clients in Japan to avoid troubles with Japanese Financial Services Agency. The operator updated its Legal section of the website to include the information about service restrictions. “For the avoidance of any doubt and in accordance with the Japan Payment Services Act, HitBTC has temporarily suspended providing virtual (crypto) currency exchange services to residents of Japan. In case our technology detects that you use our Services from an IP address registered in Japan, or any other services registered in Japan, you would be asked to confirm that you are not a resident of Japan by providing information on your residency within KYC procedure.” BTC/USD dropped to intraday low at $7,531 before recovering to $7,600 handle. The digital currency No.1 has returned above the upside trendline at $7,570 and above 200-SMA (30-min chart), though the coin is vulnerable to a new sell-off wave as long as it stays below $7,660 (100-SMA) and %7,700, strengthened by 50-SMA. BTC/USD, the 30-min chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Key OPEC ministers tight-lipped on oil output policy after Kuwait meeting – Platts FX Street 5 years Hitbtc denies access to its services for Japanese residents. All coins are sliding down, Bitcoin is close to critical support. Cryptocurrency market switched back in red mode after a period of recovery during the previous week. Bitcoin is losing 2% since the start of the day, Ethereum and Ripple are down 2.5% and 4.5% respectively. IOTA and Bitcoin Gold are among the biggest losers of cryptocurrency Top-10. Hitbtc, the Hong Kong exchange for trading digital assets with average daily volume over $278M has stopped servicing clients in Japan to avoid troubles with Japanese Financial Services Agency. The operator updated its… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.