Japan Ministries Request Industry Cooperation on Crypto Use in Real Estate Deals

Japanese authorities added new compliance details to their coordinated oversight of real estate transactions involving crypto assets. Joint rules issued by Japan’s transport, financial, police, and finance agencies state that unregistered crypto-fiat exchange activity may violate the Payment Services Act and that suspicious cases must be reported. The rules also require reporting for overseas crypto transfers exceeding ¥30 million equivalent and for domestic property acquisitions in Japan by non-residents, reinforcing anti-money laundering monitoring around crypto-linked real estate deals.

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