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

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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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2019-2-28 13:00


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2018-8-2 22:53


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

Back in a March 2018, the members of the G20 countries have decided that it was necessary to look into anti-money laundering policies that can be applied to cryptocurrencies. This decision comes from the multiple cases that previously arose in terms of money laundering, terrorism financing and several of its likes. As per a released […]

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