Japan's Financial Services Agency releases "Draft Guidelines for Strengthening Cybersecurity for Crypto Exchanges" and opens for public comments

PANews, February 11 — According to Coinpost, Japan’s Financial Services Agency has released the draft “Cybersecurity Enhancement Guidelines for Cryptocurrency Exchanges” and has begun soliciting public comments, with a deadline of March 11. The draft plan states that as cyberattack methods targeting cryptocurrency exchanges become increasingly sophisticated, with an increase in social engineering and indirect attack methods such as intrusion through outsourcing service providers, relying solely on cold wallets is no longer sufficient to ensure security. It emphasizes the need to strengthen security management across the entire supply chain. The draft also mentions suspected state-sponsored attacks, highlighting the importance of asset protection from the perspective of national wealth preservation.

The plan is based on three pillars: self-help, mutual help, and public help. For self-help, it proposes to enforce cybersecurity self-assessments for the crypto exchange industry starting from fiscal year 2026 and to raise security standards; for mutual help, it will strengthen the functions of industry self-regulatory associations and promote corporate participation in information-sharing organizations; for public help, international joint research will continue, with plans to have the entire industry participate in cybersecurity drills within three years, and to conduct real-world penetration testing on some operators by 2026.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Juliana Stratton Wins Illinois State Senate Primary, Crypto-Backed Candidate Loses

On March 18, in the Illinois Democratic primary for state senator, Lieutenant Governor Juliana Stratton defeated Representative Raja Krishnamoorthi to secure the nomination. Although Krishnamoorthi received support from the crypto industry, Stratton's advantage lay in securing the governor's endorsement, indicating that voters prioritize local influence over fundraising. The election results suggest that the direction of crypto policy is more influenced by federal legislation than state-level elections.

GateNews36m ago

SEC Chairman Paul Atkins Proposes Crypto Safe Harbor Framework to Provide Regulatory Exemptions for Token Issuances

U.S. SEC Chair Paul Atkins proposed launching a "safe harbor" exemption program to provide flexible compliance pathways for cryptocurrency companies, including "startup exemptions" and "financing exemptions." The SEC plans to release relevant rule drafts in the coming weeks to clarify the regulatory scope of crypto assets, which could attract more institutional capital into the market.

GateNews36m ago

Arizona Charges Kalshi with 20 Criminal Counts: Unlicensed Gambling + Accepting Election Bets, Prediction Market Lawsuit Intensifies

Arizona Attorney General Kris Mayes has brought 20 criminal charges against prediction market platform Kalshi, including operating unlicensed gambling and accepting election betting. The charges cover the 2028 presidential election and multiple local elections, demonstrating the state government's regulatory stance on prediction markets. Kalshi has previously filed litigation attempting to use federal regulations as a defense, indicating that conflicts between federal and state law could impact the entire prediction market industry.

動區BlockTempo1h ago

BETS OFF Bill Blocks War Betting, Trump Family Named in Conflict of Interest

Democratic Senator Chris Murphy and Representative Greg Casar introduced the BETS OFF Act, aimed at prohibiting prediction market betting on wars, terrorism, and government decisions to prevent profiting from classified government information. The bill points out suspicious betting activity that may be related to the Trump family, emphasizing the necessity of regulating prediction markets.

MarketWhisper1h ago

US SEC Officially Ends Turf War With CFTC On Crypto Assets

The SEC, integrating insights from the CFTC, released new guidelines on classifying crypto assets under existing securities and commodities laws. An industry expert views the SEC and CFTC’s close cooperation as an end to their turf war in digital assets. The United States Securities and

Blockzeit1h ago

SEC Chair Proposes Crypto Regulatory Safe Harbor, Covering Three Exemption Pathways for Startups and Financing

US Securities and Exchange Commission Chairman Paul Atkins proposed a safe harbor framework for crypto asset regulation at a blockchain summit, including three exemption pathways for startups, fundraising, and investment contracts, aimed at providing regulatory relief for projects, with plans to issue a proposed rule for public comment.

GateNews1h ago
Comment
0/400
No comments