Japan’s Financial Authority Brought New Regulations for Crypto Exchange

142

May 7 2018

The Financial Services Agency (FSA) , Japan’s Financial Controller , has set additional regulatory requirements for the country’s cryptographic money exchanges .  According to reports, the corporation is making efforts to prevent duplication of incidents such as the Coincheck stock market hacking case, which has the title of the biggest $ 532 million crypto hacking incident in January .

According to a source close to the FSA Cointelegraph Japan’s news, local news source Nikkei Asian Review of the notice and the emergence of more potential risks to the organization, to avoid, really compelling review was done . According to the source, we are trying to find our way in the dark to provide these different angular inspections without having the “expertise” necessary. “