Following the G7’s statements, Japan called on crypto exchanges operating in the country to comply with the sanctions imposed against Russia.
Reuters‘Fame March 14 According to the news dated Japanese authoritiesto cryptocurrency exchanges serving in the country Ukrainefor the special operations he initiated against Russiaapplied against Transactions involving crypto assets subject to asset freeze sanctions ordered them to stop. Announcement, G7 member western countries March 11 It came after he said he would impose sanctions on Russians who illegally use digital assets to increase and transfer their assets.
From the Japan Financial Services Agency (FSA) a senior officialKeeping the momentum of G7 sanctions alive that they have decided to make an announcement for told.
FSA and The Ministry of Finance In a joint statement by The Japanese government will strengthen measures against transfers of funds that would violate sanctions using crypto assets. specified.
FSA as well as those who allow transactions by sanctioned persons, including crypto assets. up to three years in prison or 1 million yen (approximately $8,500) fined He said he could be sentenced.
Japanwhile delaying a global shift in imposing stricter rules on private digital currencies G7 and G20 stablecoinfor the more edits is calling.
G7 countries While growing concerns that cryptocurrencies could be used by Russian entities as a loophole for financial sanctions imposed on the country US Department of the Treasury, March 11 has issued a new guideline that requires US-based cryptocurrency exchanges not to engage in transactions that are subject to sanctions.