TechFlow, November 25 — According to Nikkei News, Japan's Financial Services Agency (FSA) plans to require cryptocurrency exchanges to establish mandatory liability reserves to address asset outflows caused by unauthorized access and to swiftly compensate users in the event of incidents. This institutional arrangement will be included in a report to be released shortly by the FSA's Financial System Council working group, based on which the agency will advance the formulation of specific regulations.
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