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Japan regulator conducting on-site inspection of Coincheck: Aso

Published 02/01/2018, 07:03 PM
Updated 02/01/2018, 07:10 PM
© Reuters. Cryptocurrency exchange Coincheck's signboard is pictured in front of a building where their office is located, in Tokyo

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Friday that financial regulators were conducting an on-site inspection of Coincheck, after hackers last week stole more than $500 million from the cryptocurrency exchange.

© Reuters. Cryptocurrency exchange Coincheck's signboard is pictured in front of a building where their office is located, in Tokyo

Aso, speaking to reporters after a regular cabinet meeting, said the decision was made based on the need to protect users.

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