Digital Asset Markets, Inc. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Kazuya Nishimoto; hereinafter "the Company") is pleased to announce its participation in a joint verification project aimed at enhancing Anti-Money Laundering (AML) measures in digital asset transactions, promoted by 16 companies including Hitachi, Ltd. This proof-of-concept experiment will verify the effectiveness and legal considerations of a new framework in which private businesses collaborate to share information regarding AML measures for digital asset transactions. The project was officially selected as a supported initiative under the Financial Services Agency's 'FinTech Proof-of-Concept Hub' on February 27, 2026, and is currently underway to establish a cross-industry AML response model in the digital asset sector. The Company is building market and payment infrastructure that allows customers to utilize digital assets safely and strategically, and is promoting co-creation in the digital asset field with financial institutions and major system integrators. We have decided to join this project, believing that the standardization and efficiency of AML practices through collaboration is a highly effective initiative. ■ Project Overview This joint verification project aims to solve the challenges of costs and human resource burdens associated with AML compliance, which have traditionally been handled individually by digital asset trading companies. By collaborating with multiple digital asset trading-related businesses and AML technology providers, the project seeks to share essential systems, personnel, and information to improve the efficiency and sophistication of AML measures for digital assets such as crypto assets and stablecoins. ■ Proof-of-Concept Overview The project will verify practical feasibility regarding initiatives aimed at early detection of fraud and money laundering, prevention of damage expansion, and the realization of safe and secure digital asset transactions by utilizing technologies for risk assessment and monitoring. Furthermore, it will organize issues such as methods for sharing analysis results, scope of handling, and considerations for personal information protection, while exploring private-sector-led AML enhancement. (Expected Period) March 2026 to May 2026 (Company's Role) Trial of platforms and functions, and evaluation of effectiveness Financial Services Agency Website: https://www.fsa.go.jp/news/r7/sonota/20260227-2/20260227-2.html ■ Purpose of Participation Since launching our crypto asset exchange business in 2022, we have steadily expanded our collaborations with domestic and international business partners in the digital asset field, including crypto assets and stablecoins. We are currently preparing for the electronic payment instrument exchange business, building our own market and payment infrastructure to enable corporate clients to utilize digital assets safely and strategically, and promoting co-creation with financial institutions and major system integrators. In this context, we believe that the joint implementation of AML practices is an effective approach.
FACT BOX
- Source: PR Times
- Category: News