Crypto Exchange Coincheck to Receive Full Licensing from Japanese Authorities3.28

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 licensing was first reported by Nikkei Asian Review, who stated that the license will be issued by the end of 2018.

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