Regulation· ★★★· neutral·

Japan's ruling party urges stronger cyberdefenses and tracing of stolen crypto

  • —The party wants police to trace stolen crypto more aggressively and join cases with the FBI and Europol
  • —It proposes taking down criminal servers to strengthen deterrence against attacks on Japan
  • —For Web3, it calls for testing DID and VC as leak-resistant authentication infrastructure
  • —The proposals also cover rules for storing ID document images and wider private use of My Number cards
Why it matters: The push could accelerate tighter KYC and cybersecurity requirements for Japanese crypto exchanges.
Source: CoinDesk Japan