Japan Targets Bitcoin In G20 Anti-Money Laundering Push

Ahead of next month’s G20 summit, host Japan looks to tighten money laundering regulations, specifically targeting Bitcoin and cryptocurrency exchanges. The Financial Action Task Force (FATF) is also due to inspect Japan’s anti-money laundering regime in the Autumn. International Spotlight Prompts Japanese Action According to media outlet Nikkei, the Japanese Financial Services Agency (FSA) is desperate for a good review from the FATF. Japan received the lowest possible rating for Know Your Customer (KYC) procedures during theRead MoreThe post Japan Targets Bitcoin In G20 Anti-Money Laundering Push appeared first on Bitcoinist.com.