Bu makaleyi paylaş
Japan's Finance Watchdog to Inspect 15 Unlicensed Crypto Exchanges
The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.
Yazan Daniel Palmer
The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.
According to the Japan Times, the country's financial services minister Taro Aso said at a news briefing that on-site inspections will take place at the exchange providers that have filed for licenses but have not yet been approved.
STORY CONTINUES BELOW
Başka bir hikayeyi kaçırmayın.Bugün Crypto Daybook Americas Bültenine abone olun. Tüm bültenleri gör
The move comes after the Coincheck exchange lost NEM tokens worth $533 million at the time in a major breach in late January.
The minister indicated the inspections will examine the exchanges' technical safety procedures and management of users' funds, the report indicates.
The country's financial watchdog, the Financial Services Agency (FSA), had previously ordered all the licensed and unlicensed exchanges in the country to report on their security protocols and resistance to hacking in response to the Coincheck theft. The FSA has now decided that on-site inspections are required for unlicensed operators after appraising their reports.
The Japanese system for licensing exchanges came about after the country amended its payments laws recognizing cryptocurrencies as a legal payment method in April 2017.
Coincheck had not been approved by the FSA, but had been allowed to continue operating while the review process was underway.
According to a report from Nikkei, on Jan. 29, the authority ordered the exchange to launch an investigation into its security vulnerabilities that led to the hack, and to submit a report for management improvement to the authority. The FSA said at the time, "Inappropriate management of system risks had become the norm at Coincheck."
In separate news, the FSA earlier this week issued a warning to a foreign cryptocurrency service firm that allegedly offers unlicensed financial instruments. The move marked the first time regulators in Japan had issued a warning over a cryptocurrency services company since the country legalized bitcoin as a payment method.
Japanese flag image via Shutterstock
G
M
T
Detect languageAfrikaansAlbanianArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChichewaChinese (Simplified)Chinese (Traditional)CroatianCzechDanishDutchEnglishEsperantoEstonianFilipinoFinnishFrenchGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKazakhKhmerKoreanLaoLatinLatvianLithuanianMacedonianMalagasyMalayMalayalamMalteseMaoriMarathiMongolianMyanmar (Burmese)NepaliNorwegianPersianPolishPortuguesePunjabiRomanianRussianSerbianSesothoSinhalaSlovakSlovenianSomaliSpanishSundaneseSwahiliSwedishTajikTamilTeluguThaiTurkishUkrainianUrduUzbekVietnameseWelshYiddishYorubaZuluAfrikaansAlbanianArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChichewaChinese (Simplified)Chinese (Traditional)CroatianCzechDanishDutchEnglishEsperantoEstonianFilipinoFinnishFrenchGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKazakhKhmerKoreanLaoLatinLatvianLithuanianMacedonianMalagasyMalayMalayalamMalteseMaoriMarathiMongolianMyanmar (Burmese)NepaliNorwegianPersianPolishPortuguesePunjabiRomanianRussianSerbianSesothoSinhalaSlovakSlovenianSomaliSpanishSundaneseSwahiliSwedishTajikTamilTeluguThaiTurkishUkrainianUrduUzbekVietnameseWelshYiddishYorubaZulu
Text-to-speech function is limited to 200 characters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Fear and Greed Index in Fear 30% of the Past Year, Bitcoin Back in Extreme Fear
The latest death cross in November has so far marked a bottom of around $80,000, aligning with prior examples this cycle.
What to know:
- Over the past year, fear or extreme fear has accounted for more than 30% of all readings on the Crypto Fear and Greed Index.
- The index currently stands at 17, firmly within the extreme fear section.
- With bitcoin currently trading nearly 30% below its all time high, investor caution remains elevated.
Top Stories
