Japan is set to introduce a major regulatory shift by mandating crypto exchanges to hold liability reserves starting in 2026. This new rule, proposed by Japan’s Financial Services Agency (FSA), requires exchanges to maintain reserves ranging from ¥2 billion to ¥40 billion, based on their trading volumes. The goal is to provide better protection for users in case of hacking incidents or exchange insolvencies. This change, which mirrors traditional financial sector safeguards, is expected to bolster the security and trust in Japan’s crypto market. Reserve Mandate to Strengthen Crypto Exchange Security: The new reserve ... (full story)