Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 150

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 4
Chunk 150
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 serious concerns;
(b)    crypto assets for which the member CAESP is unable or unwilling to arrange for the conduct of an 
appropriate audit by a chartered accountant or an audit firm;
(c)     crypto assets that cannot or will not be safely managed or disbursed by the relevant member CAESPs 
in a systematic or other manner; or
(d)    in addition to the above, crypto assets that make it impossible or impractical for the relevant member 
CAESPs to properly and reliably comply with their obligations under the PSA.
As of June 2, 2025, there are 103 types of crypto assets being handled by CAESPs.
In addition, as of December 26, 2022, the JVCEA SRO Rules were amended to establish (i) the Green List 
System which exempts certain member CAESPs (Green List Eligible Members) from the JVCEA Pre-Assessment 
for crypto assets designated by the JVCEA, and (ii) the Crypto Asset Self Check System (CASC System) which 
exempts certain member CAESPs (CASC Eligible Members) from the JVCEA Pre-Assessment except in specific 

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cases. Under the Green List System, crypto assets that meet all of the following four criteria are designated by the 
JVCEA as “crypto assets widely handled in Japan” on its webpage and the JVCEA Pre-Assessment is not required 
for such crypto assets when a Green List Eligible Member handles them:
(a)     Crypto assets that have been handled by three or more member CAESPs;
(b)    Crypto assets that have been handled by one member CAESP for at least six months;
(c)     Crypto assets for which the JVCEA has not set ancillary conditions for handling; and
(d)    Crypto assets that have not been deemed inappropriate for the Green List System by the JVCEA for 
any other reason.
Taking into account the above, we note that the Green List System does not require the JVCEA Pre-
Assessment only for “crypto assets widely handled in Japan,” while the JVCEA Pre-Assessment is still required for 
other crypto assets in the same manner as before (except for the CASC System). As of June 2, 2025, 30 tokens are 
designated by the JVCEA as “crypto assets widely handled in Japan” on its webpage.
Additionally, the JVCEA Pre-Assessment is required only with respect to crypto