The current currency legislation in Japan will be revised to prevent Russia from evading sanctions through digital assets. This was stated in the government of the country, writes Reuters.
An updated law on foreign exchange and foreign trade is already being prepared at the current session of parliament, said Cabinet Secretary General Hirokazu Matsuno.
The upcoming amendments will supposedly allow the law to be applied to crypto exchanges and oblige them to carefully check whether their clients are under sanctions.
Earlier there was information that after the Russian attack on Ukraine, Japan joined the many countries that imposed a package of sanctions on the Russian Federation.
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