Japanese police Agency said that for the first eight months of 2017 received 669 reports of cases that can be classified as money laundering.
According to Japanese publication Nikkei Asia Review, the National police Agency (NPA) on Thursday published a report stating that the cases were registered from April to December of the same year.
In April last year, Japan passed a law that actually recognizes bitcoin as a legal payment method and requires cryptocurrency exchanges and exchangers special license to operate. The license assumes that all suspicious transactions, the exchange must inform the authorities. The exact criteria that use exchange to filter suspicious transactions unknown.
Regulatory authorities of Japan intend intend to achieve from all existing crypto-currency exchanges to comply with all necessary standards, especially in light of the fact that at the end of January was hacked cryptocurrency exchange Coincheck and stolen assets worth more than $ 500 million.
In Japan currently still have 16 of cryptocurrency exchanges, including Coincheck, which have not yet received a license. Last week the Finance Ministry of Japan said that it ordered the Agency to conduct an inspection of these unlicensed platforms.