#Coincheck license
#Coincheck series

#Coincheck license

The exchange was granted an operating license from Japan’s Financial Services Agency in December 2018. Coincheck is one of the top exchanges in Asia and arguably the leading Japanese cryptocurrency exchange.

In mid-November 2018, Coincheck resumed crypto trading, as well as joined the Japan Network Security Association in a stated bid to restore its image. Japans Financial Services Agency raided the offices of the hacked Coincheck cryptocurrency exchange to see if they had adequate funds to repay customers. Trading value No.11 The number of app users No.121 No.1 Bitcoin trade volume in Japan According to (2017 yearly BTC spot trade volume) 2 According to the research conducted by App Ape in August-October 2017 (Sample size 50,000 users).

#Coincheck series

Under the new stewardship of Monex, Coincheck took a series of measures to improve its protection and trading systems, as well as reimbursing those customers affected by the hack. The total cryptocurrency market volume in the last 24 hours is 240.86 B, which is -6.14 larger smaller compared to the previous day. Securities and Exchange Commission ( SEC) last year.Ĭoincheck - which notoriously suffered an industry-record-breaking $532 million hack in January 2018 - was acquired by Japanese broker Monex Group in mid-April of that year in a move to rehaul its shareholder composition and management. The cryptocurrency market cap is 1.19 T.In the last 24 hours, the total crypto market cap recorded a 0.32 gain loss. Opening hours will be limited to weekdays 10:00-15:00 (JST) and overtime trading and use of the Coincheck app or API trading are not eligible, the exchange clarified in a blog post accompanying the launch of the new OTC desk.Ĭoincheck has written that the new service will allow large-scale players to buy and sell large amounts of crypto swiftly, and it has also indicated that it will consider adding OTC support for cryptocurrencies other than Bitcoin in future.Īs previously reported, major United States crypto exchange and wallet provider Coinbase launched its own OTC services for institutional clients in November 2018, having gone through a process to become a fully regulated broker dealer by the U.S. The Coincheck OTC trading desk will enable clients to directly trade large volumes of Bitcoin - starting from 50 BTC ($207,000 to press time) - between each other using a web interface hosted by Coincheck.