TOKYO -- Japan's Financial Services Agency is imposing stricter review standards for cryptocurrency exchange operators that register with it, aiming to forestall another digital currency heist like the Coincheck scandal that grabbed headlines in January, Nikkei has learned.
"We need to introduce a new perspective in reviews of registrations," an official from the FSA said in a meeting this April. The registration process would go beyond mere documentation and include preliminary visits that make detailed investigations into how operations are managed.
