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Coincheck reports to regulators

Reuters TOKYO (Reuters) — Japanese cryptocurrency exchange Coincheck Inc., under pressure to better safeguard investors after the daring theft of $530 million of digital money last month, filed on Tuesday a report with regulators on the hacking, a person familiar with the matter said.

The Financial Services Agency ordered Coincheck to raise its standards after the late-January hack, directing it to submit a report on the security of its systems and measures it would take to prevent a repeat.

The submission of the report came as Coincheck lifted curbs on yen withdrawals.

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