Company: CNCKW
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086398
Chunk: 126

Company: Coincheck Group N.V.
Filing Date: 2025-09-10
Form: 424B3
Chunk 126
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 has a well-developed regulatory environment for safe and secure trading. While the legal status of crypto assets is unclear in many places around the world, Japan is one of the first countries to define crypto assets in law and to introduce regulations for crypto asset exchanges. In April 2017, the revised Payment Services Act and the revised Act on Prevention of Transfer of Criminal Proceeds, which introduced a definition of crypto assets (originally called virtual currency under that law) and a regulatory framework for crypto asset exchanges, came into effect, and cryptocurrency exchange businesses became subject to registration by the JFSA. As a result, anti -moneylaundering (AML) and counter -terroristfinancing (CFT) regulations began to be applied to cryptocurrency exchanges. Additionally, in order to protect users and enforce proper and reliable business practices, the JFSA’s administrative guidelines have required cryptocurrency exchange companies to establish a system for examining how cryptocurrencies are handled and a system for appropriately verifying risks. In March 2018, the JVCEA was established and became a certified self -regulatoryorganization in October of the same year. The JVCEA formulates and publishes self -regulatoryguidelines and rules in compliance with various JFSA guidelines to protect users and strengthen the AML/CFT system. We believe that Japan’s robust regulatory environment has been developed ahead of other markets in the world, contributes to greater acceptance of crypto assets by Japanese individuals, and places domestic exchanges in an advantageous position. 81 Our Strengths We have a leading position in the Japanese retail market. As of March 31, 2025, we have a significant share of the Japanese market, with 18.5% of domestic verified accounts, based on data provided by the JVCEA: Source: Created by us based on public information made available by the JVCEA. Our product and business strategy is driven in large part by our customer demographics, with broad crypto asset coverage and Web3 products or services, such as NFT purchase -and -salesupport and the ability of customers to participate in IEOs that appeal to millennials and later generations. We provide our young, loyal retail customer base with exposure to crypto assets via a user -friendlycrypto trading marketplace, mobile -nativeuser interface (app), seamless KYC onboarding and our dedicated Coincheck NFT Marketplace. Our strong market position and brand recognition helps us not only attract, engage and retain customers, but also attracts engineers and product developers to work for and with us. This allows us to