Digital Asset Markets Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative Director: Kazuya Nishimoto, hereinafter "the Company") announces its new participation in a joint demonstration project aimed at advancing Anti-Money Laundering (hereinafter "AML") in digital asset transactions, promoted by a total of 16 companies including Hitachi, Ltd.
In this demonstration experiment, we will verify the effectiveness and legal aspects of a new framework for private businesses to jointly share information regarding AML measures in digital asset transactions. It was officially designated as a project supported by the Financial Services Agency's "FinTech Proof-of-Concept Hub" as of February 27, 2026, and is currently underway to establish a cross-private sector AML response model in the digital asset domain.
The Company is promoting the construction of a market and settlement infrastructure that allows customers to safely and strategically utilize digital assets, and is also promoting co-creation with financial institutions and major SIers in digital asset-related fields. We have decided to participate in this project, believing that the communalization of AML practices leading to increased efficiency and sophistication is an effective initiative.
Project Overview: This is a joint demonstration project that aims to solve the challenges of cost and human resource burden in AML compliance, which have traditionally been handled individually by each digital asset transaction business operator. It seeks to streamline and enhance AML for digital asset transactions such as cryptocurrencies and stablecoins by having multiple digital asset transaction related businesses and AML technology providers collaborate and share essential systems, human resources, and information for AML measures.
Demonstration Experiment Overview: We will verify the practical suitability of initiatives aimed at early detection and prevention of fraud, illicit activities, and money laundering, and the realization of safe and secure digital asset transactions, by utilizing technologies such as risk confirmation and monitoring in digital asset transactions. Furthermore, we will organize points of discussion such as methods and scope of sharing analysis results, and considerations for personal information protection, to explore private-sector-led AML advancement. (Expected Period) From March to May, Reiwa 8 (2026) (Our Role) Trial of platform/functions and evaluation of effectiveness Financial Services Agency website: https://www.fsa.go.jp/news/r7/sonota/20260227-2/20260227-2.html
Purpose of Our Participation: Since the launch of our crypto asset exchange business in 2022, we have steadily expanded cooperation with domestic and international business partners in digital asset areas such as crypto assets and stablecoins. Currently, we are preparing for electronic payment instrument services and are independently building a market and settlement infrastructure that allows corporate customers to safely and strategically utilize digital assets such as crypto assets and stablecoins, while also promoting co-creation with financial institutions and major SIers in digital asset-related fields. In this context, we believe that the communalization of AML practices for efficiency and sophistication is an effective initiative...
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- Source: PR Times
- Category: News