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Japan’s crypto business has been grappling with the journey rule since 2021 when Japan’s Monetary Providers Company (FSA) requested digital asset providers suppliers to implement it. In April 2022, Japan’s Digital Foreign money Trade Affiliation (JVCEA) launched self-regulatory guidelines accordingly. In October final 12 months, Japan’s authorities accredited a cupboard choice to amend present legal guidelines to curb cash laundering utilizing crypto, according to FATF pointers.
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