Thursday, Apr 25 2024 | Time 23:18 Hrs(IST)
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World


Japan to strengthen supervision on virtual assets

Tokyo, Nov 24 (UNI/Xinhua) Japan's Ministry of Finance plans to strengthen the monitoring of virtual assets including Bitcoin, to prevent misuse for purposes such as terrorist financing, the media outlet NHK reported Wednesday.
The ministry is considering making it possible to freeze virtual assets of organizations sanctioned by the United Nations (UN), as is already done with bank deposits.
Other measures are also possible to be implemented, including requiring cryptocurrency exchanges to confirm that their clients' transfer recipients are not on the sanctions list, as the ministry is planning.
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Over 100 inmates escape from Nigerian prison damaged by heavy rains: official

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