Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 154

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 154
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 creditors in preparation for the risk of failure of CAESPs. If an individual affiliated with a CAESP fails to properly segregate users’ fiat currency or crypto assets, he/she can face punishment including confinement punishment (koukin -kei) for not more than two years, a fine of not more than three million yen, or both, and the CAESP itself can also be subject to a fine of not more than three hundred million yen. In addition, if an individual affiliated with a CAESP fails to hold Redemption Guarantee Crypto Assets in violation of the PSA or violates its obligation to segregate Redemption Guarantee Crypto Assets, he/she can face punishment including confinement punishment (koukin -kei) for not more than two years, a fine of not more than three million yen, or both, and the CAESP itself can also be subject to a fine of not more than three hundred million yen. Self-Regulatory Organization and Self-Regulatory Rules on Crypto Asset Exchange Service Providers For purposes of securing proper implementation of CAES and protection of users of CAESPs, the JVCEA has been appointed as an approved self -regulatoryorganization under the PSA. The JVCEA establishes its own rules (the “SRO Rules”) and members of the JVCEA are required to comply with the SRO Rules in addition to the PSA and other applicable regulations. The primary activities of the JVCEA are as follows: •establishing self -regulatoryrules; •inspecting CAESPs and other members for compliance with the SRO Rules and applicable laws and regulations; •providing guidance, recommendations and rulings to its members; •providing business consulting services to its members; •handling complaints from users of its member services; •providing information to its members; and •conducting statistical surveys. •In particular, the SRO Rules regulate the policies and activities of its members in the following areas: •management and internal control; •management of system risks and cyber security; •anti -moneylaundering and counter -terrorismfinancing; •handling of new crypto assets; •management of advertisement or solicitation by crypto assets -relatedbusinesses; and •management of unfair transactions using Crypto Asset -RelatedInformation. “Crypto Asset -RelatedInformation” is defined by JVCEA as a concept equivalent to material information and insider information regarding securities, but for crypto assets and Crypto Asset Derivative Transactions. The term “Crypto Asset Related Information” refers to the information regarding the crypto assets handled or