The FSA had taken action against seven cryptocurrency exchanges—two of which were ordered to suspend business altogether.
Two crypto trade groups in Japan have agreed to create an organization that will self-regulate the cryptocurrency market.
Investigators are looking into the possibility that an overseas hacker group has gotten its hands on Coincheck’s encryption keys.
A glitch that lasted for 18 minutes gave at least seven Zaif customers a brief window to get their hands on some free coins.
Regulators will be knocking on exchanges that have pending license applications to check their risk management systems.
Japan’s cryptocurrency traders are bracing for the oncoming Japanese tax season, which runs from February 16 until March 15.
Customers withdrew a total of JPY40.1B on Tuesday, the first day Coincheck allowed users to get their money out of the troubled exchange.
Macau-based Blockchain Laboratory runs ICOs for other companies as a means of raising capital for businesses on the blockchain.
To ensure that it has enough funds to pay back its customers, members of FSA paid a special visit to Coincheck’s Tokyo office on Friday.
Line currently sees over 168 million users monthly and is expected to leverage its customer numbers in launching its proposed cryptocurrency exchange.