Japan to require crypto exchanges to set aside liability reserves

Government eyes protecting investors in case of hacks, bankruptcies

20251124N Bitcoin

The use of cryptocurrencies like bitcoin in Japan has increased more as an investment target than in consumer payments. © Reuters

Nikkei staff writers

TOKYO — Japan’s financial watchdog plans to require cryptocurrency exchanges to set aside reserves against liabilities, seeking protection for investors and other customers if an exchange is hacked or hit by another event that results in lost funds.

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