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Japan’s FSA mulls registration regime for crypto-system providers after ¥48bn hack
Japan’s FSA plans to mandate registration of crypto-system infrastructure providers after a major hack, to enhance platform accountability and security.
Japan’s Financial Services Agency (FSA) is considering new regulations that would require system providers servicing crypto exchanges and wallets to register and meet security standards. The reforms follow a ¥48.2 billion hack at the exchange DMM Bitcoin and aim to improve accountability in the outsourcing of key platform infrastructure.
A bill is expected in the 2026 parliamentary session to amend the Financial Instruments and Exchange Act accordingly.