Japan Financial Services Agency Issues New Cybersecurity Regulations for Crypto Exchanges, Strengthening Three-Layer Protection Framework

Odaily reported that the Japan Financial Services Agency has issued the "Policy on Strengthening Cybersecurity for Cryptocurrency Exchanges and Other Companies," with the core goal of protecting investors' assets. The policy proposes a three-layer security protection system: "self-help, mutual assistance, and public assistance," corresponding to the enterprise itself, self-regulatory organizations, and regulatory authority coordination.

The policy points out that, in addition to risks such as the leakage of mnemonic phrases and signing keys, complex attack methods such as social engineering attacks and intrusions into outsourced service providers are on the rise, and calls for an overall improvement in defense capabilities. Meanwhile, Japan plans to include crypto-related scenarios in the "Delta Wall" cross-industry cybersecurity exercise to strengthen emergency response capabilities in the industry. (CoinPost)