The Japanese Financial Services Agency plans to require encryption trading platforms to establish a reserve fund to address the risks of hacker attacks or security vulnerabilities.
According to Mars Finance, the Nikkei News reported that Japan's Financial Services Agency will require encryption trading platforms to establish a responsibility reserve fund to compensate users for losses in the event of a hacker attack or security breach.
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The Japanese Financial Services Agency plans to require encryption trading platforms to establish a reserve fund to address the risks of hacker attacks or security vulnerabilities.
According to Mars Finance, the Nikkei News reported that Japan's Financial Services Agency will require encryption trading platforms to establish a responsibility reserve fund to compensate users for losses in the event of a hacker attack or security breach.