Japan's Financial Services Agency supports cryptocurrency anti-money laundering pilot programs, with the participation of several well-known companies

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Deep Tide TechFlow News, February 28 — According to CoinPost, Japan’s Financial Services Agency announced on February 27 that it will support an empirical experiment on anti-money laundering (AML) measures for crypto assets (virtual currencies). The experiment, applied for by Hitachi, involves 13 companies including GMO Coin, Chainalysis Japan, NEC, JPYC, and Bitbank. The trial will take place from March to May 2026, primarily testing the effectiveness of sharing suspicious wallet address information among multiple cryptocurrency exchanges and stablecoin operators, aiming to build a more efficient industry-wide AML system.

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