Japan will share a framework for regulating banking with other G20 nations ' central banks and finance ministers during a meeting in June , according to local media . Japanese regulators are reportedly compiling a handbook , which other nations can use to aid enforcement . Issues such as protecting customer assets and preventing cyber attacks will be addressed . Japan legalised cryptocurrency as a form of payment in 2017 . Earlier this month, the FSA released a guide containing reference cases to help financial institutions identify suspicious crypto transactions and report them to the authorities per Article 8 of the Act on Prevention of Transfer of Criminal Proceeds. The country had two of its major crypto exchanges hacked during 2018 , resulting in Japan 's Financial Services Agency increasing its oversight .
Japan will share a framework for regulating banking with other G20 nations ' central banks and finance ministers during a meeting in June , according to local media . Japanese regulators are reportedly compiling a handbook , which other nations can use to aid enforcement . Issues such as protecting customer assets and preventing cyber attacks will be addressed . Japan legalised cryptocurrency as a form of payment in 2017 . The country had two of its major crypto exchanges hacked during 2018 , resulting in Japan 's Financial Services Agency increasing its oversight .