March 8, 2018 / 2:58 AM / 4 months ago

Japan crypto exchange Coincheck to hold news conference at 0700 GMT: Jiji

TOKYO (Reuters) - Japan’s Coincheck will hold a news conference at 0700 GMT on Thursday, Jiji Press reported, after regulators issued it with another business improvement order after the recent $530 million theft of digital money from the cryptocurrency exchange.

Coincheck Inc Chief Operating Officer Yusuke Otsuka speaks to the media in Tokyo, Japan February 13, 2018. REUTERS/Toru Hanai

The Financial Services Agency said Coincheck would announce details of how to reimburse the stolen digital money, called NEM, later on Thursday.

Reporting by Chris Gallagher; Editing by Shri Navaratnam

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