Monex Denies Nikkei Report on Coincheck Licensing





In a December 19 news story, the Nikkei Asian Review reported that Japan’s Financial Services Agency committed to approving a license of the Coincheck cryptocurrency exchange. However, that report was quickly denied by Monex Group, the company that purchased Coincheck earlier this year. According to a media statement released by Monex:

Today, there was a media article mentioning "Coincheck receives an official approval as a cryptocurrency exchange by FSA" which was not based on our announcement.


Coincheck, Inc. has been under review for a cryptocurrency exchange. However, there is not any fact regarding the registration that has been determined.

Nikkei’s report said that approval would be announced sometime before the end of the year. The news agency had suggested that it learned of the decision from the FSA.

Representatives from Coincheck also reportedly denied any knowledge of FSA approval, noting only that their license application is still under review. Meanwhile, Monex has insisted that it will disclose any new information about Coincheck and its license status in a “timely and appropriate manner.”


Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

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