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Ledger’s CEO Fears that a New European Law Would Encroach Privacy
Pascal Gauthier, CEO of Ledger, which offers a USB-like digital wallet for people to hold cryptocurrencies outside of exchanges, has issued a warning against the European Parliament’s (EP) plan to track and trace people’s cryptocurrencies. 
Singapore’s Crypto Business Law
With the new legislation that was approved by the parliament of Singapore, cryptocurrency and digital asset providers that operate their business overseas (yet are based in the city-state) will now be obliged to attain a license. Up until now, such companies did not face anti-money laundering regulations. The Japanese government will review the Foreign Exchange Law to close backdoors for sanctions evasion
The Japanese government has stated that it will look for an opportunity to close any backdoors for sanctions evasion against the Russian Federation.
On Monday, the Japanese government made a statement that the country’s currency legislation will be revised in order to prevent Russia’s attempts to evade Western sanctions restrictions with cryptocurrency assets. For this purpose, during the next meeting of the Japanese Parliament, the Kishida government will revise the Law on Foreign Exchange and Foreign Trade. This was reported to the Reuters news agency by Hirokazu Matsuno, chief secretary of the Cabinet of Ministers of Japan.