Colleagues, it
is common knowledge that money laundering is bonanza for crypto cyber
criminals. The Japanese NPA has decided to
fund the development of AML software by a private sector
security firm. Japan is home to some of some
prominent crypto exchanges including Coincheck, BitOcean, Bitarg, Zaif and GMO Coin. With cyber-attacks on both crypto exchanges and users, running rampant
Japan is on the bleeding edge of cyber enforcement … not by choice, rather by
necessity. The NPA reported some 170 cases of suspected crypto
crime during a mere six-month
period in 2017 alone. Does this strategy
represent a silver bullet for resolving the crypto AML dilemma? Not at all. It
is, however, one more important counter-measure to protect the global crypto
ecosystem. We expect other nation’s securities and law enforcement agencies to
fund similar tools in an effort to gain an upper hand against the crypto cybercrime
contagion. Send us your thoughts
today! Lawrence – Cryptocurrency
Academy (https://cryptocurrencyacademy.blogspot.com/)
Our mission is to provide Training and Certification programs to enable Cryptocurrency, Blockchain and FinTech traders and investors worldwide to achieve their career goals.
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