Latest Financial Action Task Force News

Bitonic regulatory clash shows power of FATF
Business 14 July 2021

Bitonic regulatory clash shows power of FATF

The Dutch central bank has taken a U-turn on KYC and AML requirements it had imposed on digital asset providers, after the court directed it to consider the objections raised by the Bitonic exchange.

Business 23 March 2021

Financial Action Task Force releases updated guidance

The revised guidance comes after a 12-month review of the initial release, which found that some jurisdictions’ AML and CFT regimes with respect to digital assets were still underdeveloped or not developed at all.

Business 25 September 2020

Noose tightens on dodgy exchanges

A judge has dismissed an attempt by Kraken owner Payward Inc to sue a former employee who revealed the exchange’s physical address.