ChainCatcher reports that, according to CoinPost, Japan’s Financial Services Agency has announced support for an empirical experiment on anti-money laundering (AML) measures for crypto assets (virtual currencies). The experiment, applied for by Hitachi, involves 13 companies including GMO Coin, Chainalysis Japan, NEC, JPYC, Bitbank, and others.
The experiment 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-wide AML system.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
David Sacks Calls on Banks After Crypto Policy Shift
David Sacks calls for cooperation between the crypto industry and banks, highlighting existing tensions over stablecoin yield programs. He urges banks to compromise as crypto firms have already made adjustments. Ongoing negotiations may lead to a unified financial system.
Coinfomania3h ago
Former Mt. Gox CEO proposes hard fork to recover $5.2 billion USD worth of Bitcoin from the 2011 theft
Mark Karpelès, the former CEO of the crypto exchange that filed for bankruptcy, Mt. Gox, has just announced a proposal to execute a hard fork of Bitcoin to recover approximately 79,956 BTC — worth over $5.2 billion at current prices — from a "sleeping" address linked to the exchange's 2011 hack.
The proposal is to...
TapChiBitcoin4h ago
Minnesota considers legislation to ban counterfeit cryptocurrency vending machines
Minnesota is facing issues with scam cryptocurrency vending machines, and law enforcement agencies recommend legislation to ban these devices, while crypto industry stakeholders advocate for increased regulation. The scam machines particularly target low-income seniors, resulting in severe losses for many victims. Although relevant laws have been enacted, their effectiveness is limited, and there are differing opinions among parties on how to prevent scams.
ChainNewsAbmedia5h ago
SEC Chairman Paul Atkins blasts former Gensler: "Stifling Innovation" — The U.S. Missed Major Opportunities in Cryptocurrency
U.S. Securities and Exchange Commission Chairman Paul Atkins criticized former Chairman Gary Gensler for not adapting to crypto innovation, leading to the United States falling behind in global regulation. He proposed three major policy shifts, including withdrawing lawsuits against crypto institutions, establishing a dedicated crypto task force, and promoting a blockchain upgrade plan. Atkins announced that he will continue to push for the approval of tokenized financial products in the future.
動區BlockTempo5h ago
The UK plans to open up cryptocurrencies for legal gambling payments, with regulatory pathways in development and possibly implemented by 2027.
The UK gambling regulatory authority is evaluating the possibility of allowing betting with cryptocurrencies to ensure fund security and consumer protection. This move complements the Financial Conduct Authority's digital asset framework, which plans to establish relevant rules by 2026 and implement them by the end of 2027. If successful, it could become an important pilot for the integration of cryptocurrencies and the gambling industry.
GateNews5h ago
The U.S. Congress promotes the "Promoting Blockchain Development and Innovation Act," proposing to amend Section 1960 to establish a "safe harbor" for open-source developers.
U.S. bipartisan lawmakers recently introduced the "Promoting Blockchain Development and Innovation Act," aimed at clarifying the legal responsibilities of blockchain developers and preventing misclassification as remittance institutions. The bill focuses on amending Section 1960 and proposes providing legal immunity for open-source software developers to address industry concerns over regulatory ambiguity. The bill has garnered broad support and could reshape the U.S. cryptocurrency regulatory framework.
GateNews5h ago
