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Coinbase launches in Japan in partnership with banking giant Mitsubishi UFJ

Japan s FSA asks cryptocurrency industry group to introduce FATF travel rule

Japan s FSA asks cryptocurrency industry group to introduce FATF travel rule Japan has been a member of the FATF since 1990. 3389 Total views News Japan has made another step toward adopting cryptocurrency Anti-Money Laundering regulations developed by the Financial Action Task Force, Cointelegraph Japan reports. The Japanese Financial Services Agency announced Wednesday that it will adopt the FATF’s travel rule a set of regulations requiring virtual asset service providers to share transaction data for senders and recipients by April 2022. “It is required to introduce and implement the travel rule regulations in each country,” the FSA noted. The FSA requested the Japanese Virtual Currency Exchange Association, a local self-regulatory crypto organization, to prepare for the implementation of the travel rule:

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