According to CoinMeta, the Financial Services Agency of Japan (FSA) notified banks and crypto exchanges on Friday to stop requiring customers to provide photo identification documents for verification. This notification will facilitate the adoption of a new system in Japan that verifies identities by reading data from the chips embedded in ID cards. The implementation of this change was earlier than originally scheduled for April 1, 2027, due to the exposure of photos from approximately 1.6 million driver's licenses in Japan's largest car-sharing service Times Car. FSA also requires banks and crypto exchanges to re-examine the processes for verifying the thickness of identification documents and the faces of applicants, as well as to strengthen inspections of third-party suppliers.