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

MarsBitNews · 2026-02-28T05:38:37+00:00

The Japanese Financial Services Agency announced that it will conduct a proof-of-concept experiment on anti-money laundering for crypto assets, involving 13 participating companies. The experiment aims to verify the effectiveness of sharing suspicious wallet address information, with the goal of improving the efficiency of the industry's anti-money laundering system.

MarsBitNews

2026-02-28 05:38:37

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Mars Finance reports that according to CoinPost, Japan’s Financial Services Agency has announced support for an empirical experiment on anti-money laundering (AML) measures for cryptocurrencies (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 anti-money laundering system.

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