Japan’s Financial Services Agency updated its warning page for unregistered financial and crypto-asset platforms on Nov. 10, adding a link to anti-fraud measures from the Consumer Affairs Agency. The FSA said unregistered platforms lack investor-protection mechanisms and may block withdrawals, impose excessive fees or abruptly cease operations. Investors are urged to check platform credentials through the unified financial service provider search function before trading. The latest warning list, initially updated in September, newly identified a Hong Kong-based company operating IZAKA-YA. Separately, the Consumer Affairs Agency launched measures in September that use artificial intelligence to analyze consumer-consultation data across regions and identify malicious fraud schemes earlier. Firms offering cryptocurrency, stock or foreign-exchange trading to Japanese residents must register under Japanese law, while Japan had 27 registered cryptocurrency exchanges as of Sept. 30.