馃毃 Crypto Alert! 馃毃

Japan's Financial Services Agency (FSA) is stepping up its game! In a Dec. 26 release, the FSA announced plans for stricter internal audits and oversight, especially for crypto exchanges. This move aligns with global trends and aims to boost audit standards. A roundtable is set for Jan. 2025, featuring banking and crypto exchange reps like bitFlyer and Coincheck.

This comes after a $307M hack on DMM Bitcoin, linked to North Korean hackers.

What do you think about these new measures? Share your thoughts below! 馃憞