RE: Sea of red as Coincheck halts withdrawals and trading!

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Sea of red as Coincheck halts withdrawals and trading!

in steem •  7 years ago 

This are the biggest risks in the market

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Correct! I just did some more digging and they don't have a Japanese licence apparently.

In Japan, where the Mt. Gox exchange collapsed after a theft in 2014, policy makers have introduced a licensing system to increase oversight of local cryptocurrency venues. Coincheck has yet to receive a license, according to the website of Japan’s financial regulator.

People need to be picky when they choose an exchange...