February 2, 2018 / 2:18 AM / 2 months ago

Japan's FSA orders all cyrptocurrency exchanges to report on system risk management

TOKYO (Reuters) - Japan’s financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management, following the hacking of over half a billion dollars of digital money from Coincheck.

A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration

The regulator, the Financial Services Agency, said the order was given to 31 exchanges excluding Coincheck, which had already been ordered to do so.

Reporting by Taiga Uranaka; Editing by Shri Navaratnam

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