Since there is an increase in the number of money laundering in Japan, the $500 million NEM theft that befell Japan is something we still can’t get out of our minds the country has gone ahead to announce firm policies and rules to avoid further occurrences. “ The service target is limited to major cryptocurrencies such as BTC and ETH, and it is expected to be available for use by the National Police Agency, the Tokyo Metropolitan Police Department and the Osaka Prefectural Police Department next fiscal year.” More information on the cryptocurrency tracking software “ Traditionally, many criminal offenses concerning virtual currencies involve transaction via multiple accounts, the police had to trace enormous records during investigating.”įurthermore, the Fisco news company added the following concerning the cryptocurrency tracking software adopted by Japan:
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