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The market capitalization of all cryptocurrencies is now half its peak marked at the beginning of the year.   © Reuters

Coincheck aims to resume operations next week

Regulator's conditions include paying compensation to heist victims

Nikkei staff writers | Japan

TOKYO -- Cryptocurrency exchange operator Coincheck, the target of a massive heist in late January, plans to resume partial operations sometime next week as Japanese regulators bolster efforts to protect customers.

The company ceased most virtual currency trading after the heist of 58 billion yen ($547 million) in NEM currency. Coincheck gradually will resume trading for those digital currencies it has deemed safe and may stop handling cryptocurrencies with a high degree of anonymity.

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