Crypto Used for Money Laundering in Japan

Crypto Exchange Market Japan

Japan is one of the most progressive countries in the cryptocurrency market compared to any other Southeast Asian countries. However, according to an investigative report made by Mainichi Shimbun revealed that the Japanese are using the anonymity feature imposed by cryptocurrencies to launder money. Hence, the country’s regulators are getting stricter towards the industry.

Leave a Reply

Your email address will not be published. Required fields are marked *