Tag Archives: Coincheck

Binance CEO Criticized for Appearing to Advise Storing Crypto on Exchanges

Binance CEO Chengpeng Zhao (“CZ”) has come under attack after appearing to advise crypto holders to store their holdings on exchanges instead of on personal storage devices like USB drives or hardware wallets. In a tweet, Zhao appeared to infer that the risk of self-storage is significantly greater than the risk of storing cryptocurrency on “reputable” exchanges like… Read More »

Coincheck Back in News, Trading License Approved by Japan’s FSA To Re-start as Crypto Exchange Agency

Financial Service Agency (FSA) has finally approved the license for hacked crypto exchange, Coincheck to resume their operations as reported by local media agencies. Japan might look cryptocurrency with a new perspective this year. Coincheck registered as cryptocurrency exchange Coincheck which was once the largest cryptocurrency exchange in Japan suffered a $533 million hack in January 2018. The… Read More »

Japan and Korea Officially Approve Their Biggest Crypto Exchanges

South Korea’s Internet & Security Agency (KISA) has granted an important certification to the country’s leading cryptocurrency exchange Bithumb. Meanwhile, in Japan, Coincheck, the country’s largest exchange, is now registered with the Financial Services Agency.  Bithumb Granted ISMS Certification Cryptocurrency exchange Bithumb has managed to obtain Information Security Management System certification from the country’s KISA. According to the official… Read More »

Coincheck Wins Crypto Exchange License 12 Months After Major Hack

Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity. Monex Group, the Japan-based online brokerage firm that acquired Coincheck for $33.5 million following the cyberattack, announced Friday that the exchange is now registered with the Kanto Financial Bureau, under the country’s Payment Service Act, effective immediately. The… Read More »

Japanese Crypto Exchange Coincheck Granted a License, a Year after $530 Million Hack

Nearly one year after a $0.5 billion hacking incident, Coincheck has been handed a cryptocurrency exchange license. In a statement, the exchange’s operator indicated that beginning January 11, 2019, it is now registered as a cryptocurrency exchange agency with the Kanto Financial Bureau, the overseeing regulator. This is the first time Coincheck will be operating as a licensed… Read More »

Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japan reported on the development on Jan. 11, quoting an official communique. Coincheck, which was hacked in January 2018, losing altcoin tokens worth $530 million at the time, now joins the slowly increasing number of… Read More »

Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where kimonos are often found next to the latest fashion trends. This contradictory tendency is no… Read More »

5 Japanese Crypto Exchanges Join the Country’s Self Regulatory Association

News reaching Ethereum World News indicate that the Japanese self regulatory organization known as The Japan Virtual Currency Exchange Association (JVCEA) has welcomed five new cryptocurrency exchanges into their ranks. The entry of these 5 crypto exchanges is unique in the sense that up until now, members of JVCEA were regulated crypto exchanges. The new members have not… Read More »

Five More Exchanges Join Japan’s Self-Regulatory Crypto Exchange Association

Five more cryptocurrency exchanges have joined the Japan Virtual Currency Exchange Association (JVCEA), according to an official announcement on Jan. 4 from the JVCEA. The JVCEA is a self-regulatory body formed in April by 16 registered crypto exchanges that aims to create industry-wide investor safety standards. In October, Japan’s financial regulator formally granted self-regulatory status to the JVCEA… Read More »

Crypto Exchange Coincheck to Receive Full Licensing from Japanese Authorities

Coincheck, the crypto exchange that lost over $500 million in investors funds in early-2018, is now close to receiving full licensing from Japan’s Financial Services Agency (FSA), signaling that the exchange tightened their platform’s security and cleaned up the management practices that led to the hack.The news regarding the regulatory authority’s decision to issue the exchange their operational… Read More »