Japan’s financial watchdog, the Financial Services Agency (FSA), has laid out yet further regulatory stipulations for domestic crypto exchanges
The FSA was involved in carrying out an investigative study in regard to the crypto exchanges and the number of traders in Japan. Additionally, they collected data in regard to the regulatory adherence, the risks and the measures to…
Coincheck is set to be relaunched by the Monex group. The broker purchased the organization for around $33.5 million.
SBI Holdings said in the latest announcement that it has canceled its original plan to use the technology, human resources and know-how of Huobi in operating the exchanges. Instead, the company has decided to bring the efforts in-house.
Coincheck granted a new order to various organizations to halt their services. This is to initiate a new regulation and licensing system to protect the investors.
Coincheck, who suffered a theft of $530M in loss of the NEM cryptocurrency, promised to reimburse its customers. However, Coincheck Exchange hasn’t upheld its promise as report came up this week from the local Japanese news outlets that the…
The Japan’s FSA has given its responds to the $530M Coincheck exchange cryptocurrency theft after hackers managed to steal NEM coins from the “hot wallet”. The exchange has also concurred to reimburse the victims of the hack attack.