Japan eyes cryptocurrencies as it toughens money laundering laws

G-20 expected to discuss international regulations for digital currencies

20190521 CRYPTO-CURRENCIES/TRADING

Japan wants to make sure that cryptocurrency exchange operators are safeguarding against illicit transactions. © Reuters

TAKERO MINAMI, Nikkei staff writer

TOKYO -- Last year authorities arrived at cryptocurrency exchange operator FSHO's one-room office in a Yokohama business district for an on-site inspection. They discovered multiple suspicious transactions.

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