Japan to require crypto exchanges to hold liability reserves or purchase insurance
Jinse Finance reported, citing Cointelegraph, that Japan will require crypto exchanges to hold liability reserves or purchase insurance to ensure compensation for customers in the event of a hacking incident. This significant regulatory change may reshape the industry landscape.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: A trader paid over $6,000 in tips to buy 2.55 million DOYR, incurring a loss of $17,400.
