Japan inspects cryptocurrency exchanges

This decision was made after a Tokyo-based operator, Coincheck Inc had 533 million USD in cryptocurrency stolen by hackers.

Kyodo news agency said, in the coming months, FSA will widen inspection to all cryptocurrency exchange operators in the country. According to the cryptocurrency website jpbitcoin.com, Japan is currently one of the largest cryptocurrency markets in the world, with 16 licensed operators and 16 awaiting to be licensed.