Financial Action Task Force

IRS now focusing on privacy coins, Lightning Network, and side chains
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21 July, 2020

IRS now focusing on privacy coins, Lightning Network, and side chains

IRS’s new Initiative should not come as a shock to investors paying close attention to legal developments or those who...
FATF concerned at anonymous transactions using ‘so-called stablecoins’
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9 July, 2020

FATF concerned at anonymous transactions using ‘so-called stablecoins’

Ultimately, stablecoins will be covered by the same laws as other digital assets under the European Union's AMLD5.
Germany to expand FATF digital efforts under presidency
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9 July, 2020

Germany to expand FATF digital efforts under presidency

Dr. Marcus Pleyer, deputy director general at the German Federal Ministry of Finance, started his two-year term as FATF president...
UK regulator warns of licensing deadline for digital currency firms
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25 June, 2020

UK regulator warns of licensing deadline for digital currency firms

Firms need to complete their applications by end of June to give the regulator time to process applications ahead of...
FinCEN finds strong correlation between COVID-19 and digital currency scams
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16 May, 2020

FinCEN finds strong correlation between COVID-19 and digital currency scams

According to FINCEN, there have been over 70,000 cases of digital currency-related fraud reported to their agency since 2013.
New digital currency messaging standard rolled out for FATF compliance
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9 May, 2020

New digital currency messaging standard rolled out for FATF compliance

IVSM101 was developed to respond to the so-called travel rule instigated by global regulatory body the Financial Action Task Force.