Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation into internal oversight.
The Tokyo-based cryptocurrency exchange Coincheck has launched a Bitcoin over-the-counter (OTC) trading service, 15 months after it lost $532 million in XEM through a hack.
Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets.
In spite of the crypto bear market, mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million in its Series B round to do it.