Japanese Crypto Exchange Coincheck Granted a License, a Year after $530 Million Hack - 4 BTC News
Nearly one year after a $ 0.5 billion hacking incident, Coincheck has been handed a cryptocurrency exchange license. In a statement, the exchange’s operator indicated that beginning January 11, 2019, it is now registered as a cryptocurrency exchange agency with the Kanto Financial Bureau, the overseeing regulator. This is the first time Coincheck will be operating as a licensed outfit. At the time of the hack when the exchange lost New Economy Movement (NEM) tokens with a combined worth of more than $ 500 million, the firm was awaiting a license. Registration Requirements To get the license, Coincheck had to