The Japanese regulator renews the license of the crypto exchange Coincheck The Japanese financial services agency has issued permission to the cryptocurrency exchange Coincheck to fully resume operations in the country. The regulator's plans to restore the exchange's license became known at the end of December.

Japanese regulator renews Coincheck crypto exchange license

The Japanese Financial Services Agency has issued permission to the cryptocurrency exchange Coincheck to fully resume operations in the country. The regulator's plans to restore the exchange's license became known at the end of December.

Coincheck was hacked in January 2018 when it lost over $ 500 million in NEM cryptocurrency, but now it is again on the list of officially recognized platforms for exchanging digital assets in Japan..

The latest decision is a landmark event both for the exchange itself and for the online broker Monex Group, which became its owner in April last year..

 

 

While the regulator was considering the status of Coincheck's license, the exchange made the necessary amendments to its own risk management system and gradually restored the services to work..

In addition, this week, the Huobi exchange relaunched in Japan after purchasing the local regulated trading platform BitOcean..

 

 

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