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Japan to Adopt Strict Crypto Monitoring Rules Next Month

Japan will enforce stricter anti-money laundering (AML) measures to trace cryptocurrency transactions. The country’s cabinet has already approved the laws, which will become effective on 1 June, local Kyodo News reported. Japan’s New Crypto Rules The new AML laws around crypto will put Japan’s legal frameworks around the industry in line with global standards. The new rules came following the Financial Action Task Force (FATF), an international financial standard-setting agency that deemed speci... Read More

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Posted: May 24 2023, 07:17

Author Name: financemagnates

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