Japan’s Financial Services Agency (JFCEA), has announced the addition of five new exchanges to the list of businesses it oversees. The JFCEA was formed in April 2018 with 16 regulated exchanges, as the Japanee Financial Services Agency (FSA) looked towards self-regulation to help govern the industry. Coincheck, Everyone’s Bitcoin, Lastroots Inc., LVC Corp., and Coinage Corp. make up the recently added exchanges, but because they have not yet registered with the government they will be added to a "Type II" categorization.