Company: CNCKW
Filing Date: 2025-07-30
Form Type: 20-F
Source: 0001628280-25-036727
Chunk: 144

Company: Coincheck Group N.V.
Filing Date: 2025-07-30
Form: 20-F
Item: Item 4
Chunk 144
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 the JVCEA, Coincheck’s self-regulatory 
organization. The JVCEA will then review the report to determine the correctness of the analysis therein.
(iii)   If the JVCEA determines that the analysis is correct, it will provide its approval thereof, whereupon 
the CAESP will submit a notification of change to the JFSA by way of informing the JFSA that the relevant 
digital asset will be added to the crypto assets the CAESP is handling.
Should there be any subsequent change to the function or use of the relevant digital asset, its legal status 
may change. However, there are no provisions in the PSA, other related laws and regulations, or the JVCEA’s self-
regulatory rules, that stipulate who has the authority to make decisions regarding changes in the legal status of 
digital assets handled by CAESPs, or the procedures for such changes. In addition, as of the date of this report, there 
is no published case in which the handling of any digital asset by CAESPs was discontinued due to a change in the 
legal status of such digital asset. We believe that if either the JVCEA or the JFSA has concerns about the legal status 
under the PSA of a particular crypto asset handled by one or more CAESPs in Japan, there is a possibility that the 
JVCEA or the JFSA would consult with the affected CAESPs in order to determine the appropriate action to take. In 
the event a crypto asset were to no longer be supported, we believe the JVCEA’s procedures regarding 
discontinuation described below would apply.
According to Article 10, Paragraph 1 of the JVCEA “Regulations Concerning Handling of Crypto Assets,” 
when a CAESP discontinues the handling of digital assets, the CAESP must notify its users at least 30 days prior to 
the date of discontinuation through its website or other means of communication that are easily accessible to users, 
together with a public notice of discontinuation based on Article 63-20, Paragraph 3 of the PSA. In addition, 
according to Article 10, Paragraph 2 of the same regulation, when making such public notice, the CAESP must 
provide the following information to users:
(i)     The name of the digital assets to be discontinued (“Discontinued Digital Assets”);
(ii)    The date of discontinuation;
(iii)   The reason for discontinuation;
(iv)   The existence or non