“On both English and Japanese social media, Coincheck promised users it would provide full details in due course, while in the meantime apologizing for the abrupt cut to services.  Notably, Coincheck is not registered with Japan’s Financial Services Authority – a regulator responsible for overseeing exchanges in the country – unlike several other prominent cryptocurrency exchanges, such as bitFlyer and Quoine.”

Read more: https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet

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