A cryptocurrency exchange in Japan was forced to shut down after the country's financial watchdog on Thursday refused to authorize it to do business, the first such decision since regulations requiring approval were introduced last year.The Financial Services Agency said it turned down Yokohama-based FSHO's application to register as a handler of cryptocurrencies such as bitcoin after the company failed to implement sufficient safeguards against money laundering.FSHO had already seen its operations suspended twice for offenses, including not asking customers for identification. The second s…READ FULL ARTICLE