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Virtual currencies: issues remain after Payment Services Act amended

Jul. 2016

by Yasutake Okano

Innovation is afoot in the virtual currency space. While the government will encourage such innovation, it is also facing pressure to protect consumers and prevent money laundering. Even after the recent amendment of the Payment Services Act, regulatory issues remain to be addressed with respect to payment services.

*Organization names and job titles are current as of the publishing dates

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Yasutake Okano

Senior Consultant,
Financial IT Risk Management Department