CoinOtag
2025-11-25 05:06:17

Japan Proposes Liability Reserves for Bitcoin Exchanges After Major Hacks

Japan's Financial Services Agency is proposing legislation for crypto exchanges to maintain liability reserves, similar to traditional securities firms, to compensate customers after hacks like Mt. Gox and DMM Bitcoin. This aims to restore trust in the market amid ongoing security breaches. Japan's crypto sector faces renewed scrutiny after major hacks, prompting stricter regulations. The [...]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.