Japan Tightens AML Rules for Crypto in Property Transactions

The Japanese government has introduced stricter anti-money laundering (AML) rules for cryptocurrency transactions in real estate deals.

Regulators have issued new guidance calling on real estate and cryptocurrency firms to enhance AML checks for property transactions involving digital assets. The measures aim to prevent the misuse of crypto assets in cross-border money laundering schemes.

The joint request from multiple government agencies, including the Financial Services Agency (FSA) and the Ministry of Finance, targets crypto exchanges, real estate agents, and industry bodies such as the Japan Cryptocurrency Business Association.