HOME > BUSINESS > Article

Text Size

small

medium

large


Japan's DMM Gets Biz Improvement Order over Bitcoin Loss

Japan's DMM Gets Biz Improvement Order over Bitcoin Loss

   Tokyo, Sept. 26 (Jiji Press)--Japan's Financial Services Agency on Thursday issued a business improvement order to cryptocurrency exchange DMM Bitcoin Co. for having 48.2 billion yen's worth of customers' bitcoin deposits stolen in May.
   Based on the payment service law, DMM Bitcoin was ordered to identify the cause of the loss, strengthen its system risk management structure and clarify who is responsible. The FSA also told the Tokyo-based company to submit a business improvement plan by Oct. 28.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
Japan, US, S. Korea Officials Hold Telephone Talks on N. Korea Missile Threat
ECONOMY
Casio Postpones Launch of New G-Shock Wristwatches due to System Glitch
SPORTS
Baseball: 28 Members Selected for Samurai Japan for WBSC Premier 12 Tournament
OTHER
Hakamata's Acquittal Becomes Final 58 Years after Arrest over 1966 Murder Case

AFP-JIJI PRESS NEWS JOURNAL


Photos