Japan' FSA Approves License for Hacked Crypto Exchange Coincheck, Nikkei Reports

[MOProgress]

Japan’s Financial Services Agency (FSA) has purportedly approved a cryptocurrency exchange operating license for hacked crypto exchange Coincheck. English-language Asia-focused news publication Nikkei Asian Review reported the news Dec. 19.
According to Nikkei, an announcement from the financial watchog is reportedly due to be released by the end of the year. Notably, in private correspondence with Cointelegraph Japan, Coincheck’s PR emphasized “it is not [the exchange’s] official announcement and we haven’t confirmed the fact yet.”
Monex Group has itself issued a statement in response to the Nikkei Asian Review article, clarifying that the news “was not based on our announcement”:
“Coincheck, Inc. has been under review for a cryptocurrency exchange [license]. However, there is not any fact regarding the registration that has been determined. Moving forward, should there be facts regarding Coincheck, Inc. that need to be disclosed, we will do so in a timely and appropriate manner.”
As previously reported, the FSA has intensified its scrutiny of domestic crypto exchanges in the wake of the industry-record-breaking $532 million theft of NEM tokens from Coincheck’s wallets this January.
While a license has been mandatory for all crypto exchanges operating within Japan since the amendment of the country’s Payment Services Act back in April 2017, the FSA has continued to ratchet up

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