Digital Asset Markets Participates in Joint Demonstration Project to Advance Digital Asset AML, Supported by Financial Services Agency's 'FinTech Proof-of-Concept Hub'
Key facts
- Digital Asset Markets Participates in Joint Demonstration Project to Advance Digital Asset AML, Supported by Financial Services Agency's 'FinTech Proof-of-Concept Hub'
- Digital Asset Markets (DAM) announced its participation in a joint demonstration project, alongside Hitachi and 15 other companies, aimed at advancing Anti-Money Laundering (AML) measures for digital asset transactions. This project, supported by the Financial Services Agency's 'FinTech Proof-of-Concept Hub' since February 27, 2026, seeks to establish a new framework for private sector information sharing and collaboration to enhance AML efficiency and sophistication in digital asset trading, including cryptocurrencies and stablecoins. DAM's involvement stems from its commitment to building a secure digital asset market and payment infrastructure, recognizing the importance of collective efforts in combating financial crime.
- Date: March 30, 2026
Direct answer
Digital Asset Markets (DAM) announced its participation in a joint demonstration project, alongside Hitachi and 15 other companies, aimed at advancing Anti-Money Laundering (AML) measures for digital asset transactions. This project, supported by the Financial Services Agency's 'FinTech Proof-of-Concept Hub' since February 27, 2026, seeks to establish a new framework for private sector information sharing and collaboration to enhance AML efficiency and sophistication in digital asset trading, including cryptocurrencies and stablecoins. DAM's involvement stems from its commitment to building a secure digital asset market and payment infrastructure, recognizing the importance of collective efforts in combating financial crime.
- Citation
- Digital Asset Markets Participates in Joint Demonstration Project to Advance Digital Asset AML, Supported by Financial Services Agency's 'FinTech Proof-of-Concept Hub' (March 30, 2026)
- Source
- PR Times
- Date
- March 30, 2026
Digital Asset Markets (DAM) announced its participation in a joint demonstration project, alongside Hitachi and 15 other companies, aimed at advancing Anti-Money Laundering (AML) measures for digital asset transactions. This project, supported by the Financial Services Agency's 'FinTech Proof-of-Concept Hub' since February 27, 2026, seeks to establish a new framework for private sector information sharing and collaboration to enhance AML efficiency and sophistication in digital asset trading, including cryptocurrencies and stablecoins. DAM's involvement stems from its commitment to building a secure digital asset market and payment infrastructure, recognizing the importance of collective efforts in combating financial crime.
📋 Article Processing Timeline
- 📰 Published: March 30, 2026 at 05:11
- 🤖 AI Analyzed: May 26, 2026 at 21:27 (1384h 15m after Published)
Digital Asset Markets Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative Director: Kazuya Nishimoto, hereinafter "the Company") announces its new participation in a joint demonstration project aimed at advancing Anti-Money Laundering (hereinafter "AML") in digital asset transactions, promoted by a total of 16 companies including Hitachi, Ltd.
In this demonstration experiment, we will verify the effectiveness and legal aspects of a new framework for private businesses to jointly share information regarding AML measures in digital asset transactions. It was officially designated as a project supported by the Financial Services Agency's "FinTech Proof-of-Concept Hub" as of February 27, 2026, and is currently underway to establish a cross-private sector AML response model in the digital asset domain.
The Company is promoting the construction of a market and settlement infrastructure that allows customers to safely and strategically utilize digital assets, and is also promoting co-creation with financial institutions and major SIers in digital asset-related fields. We have decided to participate in this project, believing that the communalization of AML practices leading to increased efficiency and sophistication is an effective initiative.
Project Overview:
This is a joint demonstration project that aims to solve the challenges of cost and human resource burden in AML compliance, which have traditionally been handled individually by each digital asset transaction business operator. It seeks to streamline and enhance AML for digital asset transactions such as cryptocurrencies and stablecoins by having multiple digital asset transaction related businesses and AML technology providers collaborate and share essential systems, human resources, and information for AML measures.
Demonstration Experiment Overview:
We will verify the practical suitability of initiatives aimed at early detection and prevention of fraud, illicit activities, and money laundering, and the realization of safe and secure digital asset transactions, by utilizing technologies such as risk confirmation and monitoring in digital asset transactions. Furthermore, we will organize points of discussion such as methods and scope of sharing analysis results, and considerations for personal information protection, to explore private-sector-led AML advancement.
(Expected Period) From March to May, Reiwa 8 (2026)
(Our Role) Trial of platform/functions and evaluation of effectiveness
Financial Services Agency website: https://www.fsa.go.jp/news/r7/sonota/20260227-2/20260227-2.html
Purpose of Our Participation:
Since the launch of our crypto asset exchange business in 2022, we have steadily expanded cooperation with domestic and international business partners in digital asset areas such as crypto assets and stablecoins. Currently, we are preparing for electronic payment instrument services and are independently building a market and settlement infrastructure that allows corporate customers to safely and strategically utilize digital assets such as crypto assets and stablecoins, while also promoting co-creation with financial institutions and major SIers in digital asset-related fields. In this context, we believe that the communalization of AML practices for efficiency and sophistication is an effective initiative...
In this demonstration experiment, we will verify the effectiveness and legal aspects of a new framework for private businesses to jointly share information regarding AML measures in digital asset transactions. It was officially designated as a project supported by the Financial Services Agency's "FinTech Proof-of-Concept Hub" as of February 27, 2026, and is currently underway to establish a cross-private sector AML response model in the digital asset domain.
The Company is promoting the construction of a market and settlement infrastructure that allows customers to safely and strategically utilize digital assets, and is also promoting co-creation with financial institutions and major SIers in digital asset-related fields. We have decided to participate in this project, believing that the communalization of AML practices leading to increased efficiency and sophistication is an effective initiative.
Project Overview:
This is a joint demonstration project that aims to solve the challenges of cost and human resource burden in AML compliance, which have traditionally been handled individually by each digital asset transaction business operator. It seeks to streamline and enhance AML for digital asset transactions such as cryptocurrencies and stablecoins by having multiple digital asset transaction related businesses and AML technology providers collaborate and share essential systems, human resources, and information for AML measures.
Demonstration Experiment Overview:
We will verify the practical suitability of initiatives aimed at early detection and prevention of fraud, illicit activities, and money laundering, and the realization of safe and secure digital asset transactions, by utilizing technologies such as risk confirmation and monitoring in digital asset transactions. Furthermore, we will organize points of discussion such as methods and scope of sharing analysis results, and considerations for personal information protection, to explore private-sector-led AML advancement.
(Expected Period) From March to May, Reiwa 8 (2026)
(Our Role) Trial of platform/functions and evaluation of effectiveness
Financial Services Agency website: https://www.fsa.go.jp/news/r7/sonota/20260227-2/20260227-2.html
Purpose of Our Participation:
Since the launch of our crypto asset exchange business in 2022, we have steadily expanded cooperation with domestic and international business partners in digital asset areas such as crypto assets and stablecoins. Currently, we are preparing for electronic payment instrument services and are independently building a market and settlement infrastructure that allows corporate customers to safely and strategically utilize digital assets such as crypto assets and stablecoins, while also promoting co-creation with financial institutions and major SIers in digital asset-related fields. In this context, we believe that the communalization of AML practices for efficiency and sophistication is an effective initiative...
FAQ
What is the primary objective of the joint demonstration project Digital Asset Markets is participating in?
The primary objective is to advance Anti-Money Laundering (AML) measures in digital asset transactions by verifying a new framework for private businesses to jointly share information.
Which government agency is supporting this FinTech Proof-of-Concept Hub project?
The Financial Services Agency (FSA) is supporting this project through its 'FinTech Proof-of-Concept Hub'.
How many companies are involved in this collaborative AML demonstration project?
A total of 16 companies, including Hitachi, Ltd. and Digital Asset Markets Co., Ltd., are participating in this joint demonstration project.
What specific challenges in AML compliance does this project aim to address for digital asset transaction operators?
The project aims to address the challenges of cost and human resource burden that have traditionally been handled individually by each digital asset transaction business operator.
What types of digital assets are mentioned as being part of the scope for streamlining AML measures?
The digital assets mentioned as being part of the scope for streamlining AML measures include cryptocurrencies and stablecoins.