Japan’s FSA proposes registration regime for crypto system providers after major hack

Japan’s FSA plans to regulate crypto infrastructure providers, requiring registration of system vendors after the DMM Bitcoin hack to strengthen platform resilience.

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Japan’s FSA proposes registration regime for crypto system providers after major hack

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Japan’s FSA proposes registration regime for crypto system providers after major hack
Japan’s FSA plans to regulate crypto infrastructure providers, requiring registration of system vendors after the DMM Bitcoin hack to strengthen platform resilience.
The Financial Services Agency (FSA) of Japan is planning to require firms that supply the backend infrastructure to crypto exchanges and wallets (so-called system providers) to register and be regulated, following the ¥48.2 billion cyber-attack on DMM Bitcoin. Under the forthcoming rules, only registered system providers may serve Japanese exchanges, enhancing accountability in outsourcing and operational resilience. 

A draft bill is expected in the 2026 parliamentary session. 

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