Japan Tightens Money Laundering Laws

The digital currencies have in the past received praise and criticism in commensurate measure. The colossal rise in crypto thefts and scams has necessitated the need for laws to govern the space. According to a report by Cipher trace, Thefts, Fraud, and Scams amounted to more than $1.2 billion in the first quarter of 2019. This calls for speedy global regulatory moves by the relevant authorities.In June 2018, Japan`s financial regulator, the Financial Conduct Authority (FCA) officers found numer