After the invasion of Ukraine, many countries imposed harsh economic sanctions on Russia. Russia affected by the sanctions crypto coins The possibility of evading sanctions by using
Many countries, especially the USA, took precautions and made the necessary arrangements. The last move in this regard came from Japan.
Russia Move from Japan!
government of japan To prevent Russia from evading sanctions using cryptocurrencies, It is preparing to change foreign exchange laws to include cryptocurrency exchanges.
Cabinet Chief Secretary Hirokazu Matsuno said in a statement:The government plans to introduce a bill to change Foreign Exchange laws to include cryptocurrency exchanges.” stated.
J, who says he supports the change in questionFumio Kishida, Prime Minister of pakistan He called on Russia to act together with western countries.
With the planned change in foreign exchange laws, cryptocurrency exchanges Just like banks, sanctioned Russian citizens will need to verify their transactions.
Speaking to Reuters, Japan’s Finance Minister also stated that talks are continuing for the said amendment, but the articles are not yet clear and he will not give more details.
Earlier this month, Japan’s Financial Services Agency and Ministry of Finance warned about 30 cryptocurrency exchanges operating in the country not to conduct transactions related to sanctioned individuals and entities.