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Tightening cryptocurrency regulations The recent theft of roughly ¥58 billion worth of cryptocurrency holdings from a Tokyo-based virtual currency exchange — the largest-ever heist of its kind — makes the case for more steps to tighten oversight of such exchanges, including stricter security requirements, for the protection of investors.
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Massive cryptocurrency heist spurs call for more regulation At 2:57 a.m. last Friday morning in Tokyo, someone hacked into the digital wallet of Japanese cryptocurrency exchange Coincheck Inc. and pulled off one of the biggest heists in history. Three days later, the theft of nearly $500 million in digital tokens is still reverberating through cryptocurrency markets ...
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Japan's Cryptocurrency Whiz Kid Faces $530 Million Reckoning TOKYO—In Japan's stodgy financial world, young entrepreneur Koichiro Wada wanted to make a splash. Giant billboard ads promoting his cryptocurrency exchange Coincheck Inc. festooned Roppongi Hills in central Tokyo, home to many tech companies. In December, it started running advertisements ...
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