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The FSA raided Coincheck's office on Feb. 2.
Cryptocurrencies

Japan plans more raids on virtual currency exchanges

Stronger oversight seen prompting operators to focus on consumer safety

Nikkei staff writers | Japan

TOKYO -- Japanese regulators look to raid multiple virtual currency marketplace operators as soon as this week following the massive hack of Coincheck, hoping more intense oversight will prompt these businesses to take stronger security and consumer protection measures.

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