Coincheck, an exchange that suffered a $500 million hack, will receive a license

Financial Services Agency (FSA), Japan’s financial regulator, will approve a cryptocurrency exchange license for Coincheck according to Nikkei. Coincheck was hacked in January and 532 million NEM worth roughly $500 million were stolen. In April, the founders sold their ownership to Monex for $33 million and in October, Coincheck reopened new user registrations. According to Nikkei, nearly 200 companies are currently waiting for licenses. (Source: Nikkei)

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Coincheck, an exchange that suffered a $500 million hack, will receive a license written by Larry Cermak @ https://www.theblockcrypto.com/tiny/coincheck-an-exchange-that-suffered-a-500-million-hack-will-receive-a-license/ December 19, 2018 Larry Cermak

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