Japan Ramps Up Scrutiny into Crypto Exchanges’ Cold Wallets

2019-4-18 11:54

By CCN. com: Crypto exchanges are a straightforward place to keep cryptocurrency when trading. Cash out fees accrue less quickly, and trades can be made much faster than having to transfer currencies from another wallet.

The downside to keeping your funds on an exchange? More than $500 million was stolen exclusively from Japanese exchanges in 2018 alone. The funds stolen have left governments with a serious need to intervene. Japan was the first country to formalize crypto exchange regulation, and they have taken these breaches very seriously. Previously, storing funds in a cold wallet – offline crypto storage wallets that are

The post Japan Ramps Up Scrutiny into Crypto Exchanges’ Cold Wallets appeared first on CCN

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Источник: ccn.com

crypto exchanges → Результатов: 126


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Фото:

With So Many Crypto Exchange Hacks In 2022, Is Trading Still Safe?

Cryptocurrency exchanges are the most popular platforms for traders looking to buy and sell different tokens, as they make it easy to swap assets in seconds. However, history has shown that crypto exchanges are big targets for hackers and have become even more tempting as the value of cryptocurrency rises. Hackers love to target crypto […]

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