Japanese Cryptocurrency Exchanges Tighten Customer Asset Management Rules
Cryptovest
Published Oct 01, 2018 08:46AM ET
Updated Oct 01, 2018 10:01AM ET
Japanese Cryptocurrency Exchanges Tighten Customer Asset Management Rules
The Japan Virtual Currency Exchange Association (JVCEA), a voluntary self-regulatory organization of cryptocurrency exchanges and trading platforms, is considering ways to protect customer assets in the wake of the most recent hack attack, Japan Times reports .
As a rule, cryptocurrency exchanges store the large portion of customers’ assets offline for security reasons, but they have to keep some coins online to make them easily available for transactions. JVCEA plans to limit the n...
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