Japan's Money Forward delayed its participation in the virtual currency business, losing more than 60 million yen in the first quarter

On April 15, Japan-listed company Money Forward subsidiary Money Forward Financial announced that it decided to postpone participation in virtual currency-related business, and announced that it would suspend the registration of virtual currency transactions and stop system development related to the exchange. In the first quarter of this year, the company’s financial settlements totaled 61.395 million yen (about 3.677 million yuan).