Ten Japanese cryptocurrency exchanges have signed an agreement with the Tokyo Metropolitan Police Department to collaborate to prevent cyber crime. Along with growing bitcoin adoption in Japan is the number of cybercrime cases including unauthorized access to online accounts and money laundering.
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10 Exchanges Collaborate
Ten of Japan’s leading cryptocurrency exchanges signed an “agreement on countermeasures against cybercrime” with the Tokyo Metropolitan Police Department on Wednesday. This move is “in response to the increasing number of crimes targeting digital currencies online such as bitcoin,” Sankei Shimbun described.
The exchanges are SBI Virtual Currencies, Bitflyer, Bitpoint Japan, GMO Coin, Coincheck, Bit Trade, Quoine, Bitbank, Btc Box, and Money Partners. All of the companies have been licensed by the Japanese Financial Services Authority (FSA) to legally operate as…