FTX Japan plans to resume withdrawals as early as February: Report

A regulated light at the end of the FTX tunnel may be incoming, but only for users in Japan.

Bankrupt cryptocurrency exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals for affected users as early as February.out notifications asking users to verify their account balances as part of the process to begin allowing withdrawals.

Seth Melamed, chief operating officer of the exchange, reportedly said users could transfer assets to accounts on the FTX-owned Liquid Global platform, with withdrawals expected to begin “very soon.”The schedule for restart of withdrawals for all FTX Japan & Liquid Japan users is on track for February.

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