Crypto Money Laundering Cases in Japan Dramatically Shoots Up 10-Fold

2019-2-28 16:41

Suspicious financial transactions filed by Japan-based cryptocurrency exchanges increased ten times over the previous year, according to the National Police Agency. The central enforcement body said Feb 28 that 7,096 out of the total 417,465 suspected money laundering cases mentioned the use of cryptocurrencies in 2018.

In the period between April and December 2017, the agency had reported 669 of such cases, after it became compulsory for crypto services to report suspicious dirty money transactions under an amended ‘Law for Prevention of Transfer of Criminal Proceeds. ’ Organized Crime, Drugs Peddling, and Whatnot NPA noted that criminals were using a variety

The post Crypto Money Laundering Cases in Japan Dramatically Shoots Up 10-Fold appeared first on CCN

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Источник: ccn.com

cases money → Результатов: 62


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1.6% of money laundering cases in Japan involved cryptocurrency in 2018

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G20 Sets October 2018 Timeline For Crypto Anti-Money Laundering (AML) Efforts With FATF Help

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The U.S. government has created a task force to handle various cases of consumer fraud, including digital currency fraud, cyber-fraud, and money laundering. Enforcement will involve cooperation between an extensive number of government departments and agencies: The President’s order directs the Task Force to invite participation from our law enforcement partners at many departments and […]

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