Japan was the first country to legally accept bitcoin.
Now what they are doing is giving licenses to the exchanges to ensure that it is reliable, in this case Coincheck already received his license.
Coincheck is not only going to stay with the bitcoin Exchange license, but it has already been testing with ICOs.
Also Coincheck on September 13 the day on which recce his license managed to sell 97,502 BTC.
The new Japan license is released because the infamous Bitcoin Mt Got Exchange disappeared.
With this new improvement being made in Japan, let's hope the exchanges are providing their services without any manipulation or fraud.
To know more about the topic, go to this page.