Japan's FSA proposes mandatory cybersecurity rules for crypto exchanges

Japan's Financial Services Agency (FSA) on Feb. 10 unveiled a draft plan to strengthen cybersecurity measures for cryptocurrency exchanges, CoinPost reported. The move is a response to a series of hacks and asset thefts at exchanges worldwide. The agency aims to mandate cybersecurity self-assessments (CSSA) for all trading operators starting from the 2026 business year. The FSA noted that indirect attacks, such as social engineering and the infiltration of external contractors, are on the rise, adding that cold wallets alone can no longer guarantee security. The agency is accepting public comments on the proposal until March 11.