According to the source, Japan's Financial Services Agency will require crypto exchanges to hold liability reserves to cover losses related to hacks (source: Japan FSA via the provided source). According to the source, this policy focuses on security-breach losses at exchange platforms and is relevant for traders assessing counterparty risk and operational robustness on Japan-based venues (source: Japan FSA via the provided source).

According to PeckShieldAlert, the total value of hack-related crypto laundering in 2024 is $1.3B, a 280% increase from 2023's $342M.