Japan cryptocurrency transfer rules take aim at money laundering

Government will require exchanges to share customer information

20220927 Crypto

The Japanese government is introducing legislation that aims to regulate cryptocurrency exchanges as strictly as banks and strengthen the monitoring of money laundering. © Reuters

Nikkei staff writers

TOKYO -- The Japanese government will introduce remittance rules as early as next spring aimed at preventing criminals from using cryptocurrency exchanges to launder money, Nikkei has learned.

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