FATF's Crypto Guidelines Could Pose Serious Financial Privacy Issues: OECD Blockchain Advisor

The Financial Action Task Force (FATF), an intergovernmental organization that aims to combat financial crimes such as money laundering, has reportedly been working on drafting a comprehensive set of regulatory guidelines for firms dealing in cryptocurrencies.

Established in 1989 after consultations involving G7 members, the FATF’s regulatory framework for digital assets will focus on how to apply the “travel rule” to crypto exchanges, wallet providers, and various other services involving blockchain-based tokens.

Read more at CryptoGlobe

#Privacy #FATF #Regulations #OECD

Antminer Banner.png