Coincheck Chairman Satoshi Hasuo was confirmed on Tuesday as chair and representative director of the Japan Virtual and Crypto Assets Exchange Association (JVCEA), the body Japan's Financial Services Agency (FSA) recognises as the country's self-regulatory organisation (SRO) for crypto exchanges, the JVCEA said on its website.
Coincheck Chair Returns To Head Japan's Crypto Self-Regulator
30 June 2026 - 12:00 CEST
By Oihyun Kim
Hasuo joined Monex Group after starting his career at Long-Term Credit Bank of Japan, now SBI Shinsei Bank. He became Coincheck president in November 2019 and moved to chair in June 2024. He previously led JVCEA from April 2021 to June 2023, making this his second term at the top.
The JVCEA's general meeting also named Yosuke Shiraishi, vice chair of the Japan Cryptoasset Business Association (JCBA), as managing director, linking the SRO with the country's broader crypto industry advocacy body at the executive level.
Industry's only recognised self-regulator
JVCEA holds rule-making and audit powers under both the Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA), and membership is effectively mandatory for licensed venues.
JCBA, chaired by bitbank chief executive Noriyuki Hirosue, counts 159 members spanning exchanges, law firms and Web3 startups but lacks SRO authority. The newly elected JVCEA board also includes the chief executives of bitFlyer, GMO Coin and SBI VC Trade.
Mandatory reserves, FIEA migration
Hasuo will steer talks on mandatory reserves to compensate users for losses from hacks, as Japan's parliament, the Diet, weighs moving crypto oversight from the PSA to the FIEA.
Hasuo also serves as chief stakeholder officer of Coincheck Group N.V., the exchange's Netherlands-incorporated parent that listed on Nasdaq in December 2024. He becomes the first JVCEA chair to hold an executive role at a US-listed parent company.
