Sentences with phrase «whether coincheck»
The FSA will decide whether Coincheck qualifies after reviewing its operations under Monex.
https://bitcoinmagazine.com/
The regulator said it has yet to confirm whether Coincheck had sufficient funds for the reimbursement.
According to the FSA, it is not yet certain whether Coincheck has that amount of money at its disposal.
In a January 26 video, NEM Foundation vice president Jeff McDonald said that he does not want to speculate on whether Coincheck will be able to reimburse all affected parties.
The FSA related that it had not yet confirmed whether Coincheck had the capital to cover these reimbursements.
Not exact matches
Coincheck has pledged to refund users, but the FSA has yet to ascertain whether or not the exchange has access to the capital that would be necessary.
As Japan's Financial Services Agency (FSA) steps up its scrutiny of cryptocurrency exchanges (after the Coincheck disaster), it's not immediately clear whether the agency will continue to issue licenses.
Coincheck's promise to reimburse the victims has calmed investors, even though the country's regulator has not confirmed whether the company has sufficient funds to do that.
TOKYO (The Japan News / ANN)- The Financial Services Agency is debating whether to allow the registration of quasi-operators of cryptocurrency exchanges, in the wake of the recent massive theft of digital currency from exchange service provider Coincheck Inc..
However, the hack of Coincheck has made the agency debate whether to allow the registration of quasi-operators of cryptocurrencies.
According to a report from Nikkei, inspectors from the Financial Services Agency (FSA) arrived in Coincheck's office this morning to examine whether the firm has the financial capability to fulfill its promise that it would compensate users who lost funds in the major breach.
When asked whether they are going to resume operations or will have to declare bankruptcy, Coincheck said that «in principle» they plan to keep operating.
When asked whether they will begin allowing «at least» fiat currency withdrawals soon, Coincheck replied that that will be done after they have determined the best way to proceed.
Coincheck has yet to confirm whether it has located the funds, and no perpetrator has been identified.
Although cryptocurrencies are legal tender in Japan, Coincheck is not registered with the country's Financial Service Authority, raising concerns over whether the lost funds will be insured if the tokens can not be retrieved.