FATF will start inspections on the Japanese virtual currency industry on October 28th.

On October 23rd, the International Anti-Money Laundering Transnational Organization Financial Action Task Force (FATF) will begin to check the Japanese virtual currency industry on October 28. The Japanese cryptocurrency exchange and related companies are expected to be reviewed. The Financial Action Task Force stated that during the actual visit, the review team will meet with selected representatives of public and private companies based on the country's risk profile. Note: The FATF held a meeting from Wednesday to Friday. After the meeting, the statement stated that the FATF had agreed on how to assess whether countries were implementing new requirements for cryptocurrency regulation and began to check how member states implemented cryptocurrency regulation. standard.