Japanese Crypto Exchange Coincheck Granted a License, a Year after $530 Million Hack

Coincheck, Monex

Nearly one year after a $0.5 billion hacking incident, Coincheck has been handed a cryptocurrency exchange license. In a statement, the exchange’s operator indicated that beginning January 11, 2019, it is now registered as a cryptocurrency exchange agency with the Kanto Financial Bureau, the overseeing regulator. This is the first time Coincheck will be operating … Read more

$33.5 Million: Monex is Buying Hacked Cryptocurrency Exchange Coincheck

Zaif Cryptocurrency

Major Japanese online brokerage has confirmed its foray into the cryptocurrency sector by announcing its acquisition of Tokyo-based exchange Coincheck for ¥3.6 billion ($33.5 million). In an announcement on Friday, Monex confirmed it will acquire 100% of all 1,775,267 shares at a cost of ¥3,600 million yen in a share acquisition agreement signed today. The … Read more