Japan Wants to See G20 Counterparts Increasing Efforts to Stop Cryptocurrency in Money Laundering

Japan is expected to urge its G20 peers to step up efforts to prevent cryptocurrencies being used in money laundering, according to a government official.

In a report from Reuters, it’s unlikely that finance leaders in G20 nations will be able to agree on set rules, given the fact that each country has a different approach to the market.

China, for instance, banned the use of cryptocurrency trading last September and is taking steps to outlaw citizens from accessing foreign crypto...

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