According to Wu Blockchain, Japan's Financial Services Agency, together with the Ministry of Land, Infrastructure, Transport and Tourism, the National Police Agency, and the Ministry of Finance, has issued a document outlining compliance requirements for the use of crypto assets in real estate transactions. It explicitly states that activities involving the exchange or brokerage of crypto assets and fiat currency may constitute a crypto asset exchange business, and operating without registration poses legal risks. Regulators require real estate firms to strictly enforce KYC, conduct source-of-funds checks, and report suspicious transactions (STR). Additionally, any unlicensed transactions or abnormal fund flows must be reported to regulators and the police. Cross-border crypto asset transfers exceeding 30 million yen are also subject to mandatory reporting obligations. https://(wublock123.com)/news/japan-regulators-require-real-estate-firms-crypto-kyc-report-transfers-over-30m-jpy-60211