On Tuesday, the main cryptocurrencies have got cheaper affected by the Coincheck issue and possible tightening of crypto trading.
On the Bitfinex, bitcoin was quoted at some $10,972.00, followed by the Ethereum changing hands at $1,162.
At the same time, Ripple was seen at about $1.21 on the Poloinex today.
Japan's Finance Minister noted today that the crypto market management required improvements and upgrades. This message was made after the malware attack on the Coincheck resulted in the heist of coins for $530 million. For reference, the platform confirmed the robbery and suspended trading.
On Monday Japan's Financial Service Agency announced its plans to check all crypto exchanges in the country and ordered to eliminate weaknesses of the Coincheck.
This accident fueled fears concerning the transaction security at cryptocurrency platforms and confirmed regulators' warnings on soaring prices for digital coins lately.
While increasing number of countries is attempting to restrain crypto trading, Japan became the first country to launch state regulation for cryptocurrency exchanges. This step is connected to their desire to make the highest use of the financial technologies to boost economic growth in Japan.