FATF praises US regulators, but calls for more legislation
The U.S. has improved their overall rating slightly, but could still do more to raise the bar on digital asset trading.
Latest FATF News
Canada is anxious to implement the FATF’s digital currency guidance
Canadian financial regulators will implement FATF rules ahead of the group’s June deadline.
Coolbitx raises $16M to bring financial compliance to crypto
Coolbitx raised $16.7 million in its latest fundraising round led by SBI Holdings to enable crypto companies to comply with new FATF disclosure requirements
G20 countries move toward making FATF crypto standards the norm
The G20 group wants to see all countries adopt the policies established by the Financial Action Task Force.
Paraguay cracks down on budding crypto industry
Paraguay intends to introduce regulations for its nascent crypto industry for the first time, as it seeks to ensure anti-money laundering laws are followed.
CipherTrace looks to help crypto companies become FATF-compliant
The company’s CEO, Dave Jevans reiterates the future growth of cryptocurrencies globally thus, announced its ready to support of the FATF’s goals.
Netki wants to help crypto companies keep the FATF happy
Netki has upgraded its TransactID tool in order to allow crypto companies to conform more appropriately to regulations established by the Financial Action Task Force.
Japan pushing for an international SWIFT-like solution for crypto
Japan has reportedly begun to work on a new international SWIFT-like network for the crypto industry, minus the serious delivery times and high fees seen with the fiat alternative.
Future global money: Balancing freedom and regulation
The day 2 of Fintech Week in London featured another panel called The Future of Money, which took a broader, more political perspective.
FATF set to publish new regulatory guidelines for crypto exchanges
There have been those who believe cryptocurrency is nothing more than a toy and have developed crypto projects that will be forced into oblivion for their lack of cohesion with international policies and standards.
G20 eyes crypto AML regulatory standard by October
During its meeting in Buenos Aires, the G20 forum set out plans to put the cryptocurrency sector under anti-money laundering (AML) standards.