2021-5-16 14:11 |
The final guidance expected to be issued by the FATF this summer might determine the next chapter for the decentralized finance space. origin »
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The Financial Action Task Force [FATF] published draft guidance on the risk-based approach to virtual assets in March. This newly drafted guidance points at the need for anti-money laundering and knowThe post Why DeFi needs to strike a fine balance regarding FATF's guidelines appeared first on AMBCrypto.
2021-4-6 21:35 | |
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On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets.
2021-3-24 17:30 | |
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The analysis began by going over the FATF document. In brief, it noted that it’s an update to earlier drafts released in prior years. The FATF issued the first guidance in 2015, which had similarities to that of American regulator FinCEN.
2021-3-23 11:10 | |
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In its updated guidance on virtual assets and virtual asset service providers, the FATF recommends requiring more strict KYC/AML measures.
2021-3-23 01:12 | |
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International body Financial Action Task Fork (FATF) has issued new guidance for decentralized applications (DApps). Its implications could directly affect the DeFi sector and could have consequences for DApp “operators” such as Uniswap, Sushiswap, and others.
2021-3-21 21:57 | |
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The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions.
2021-2-27 12:28 | |
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The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets.
2020-9-20 21:00 | |
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The Gibraltar Financial Services Commission has updated its guidance for virtual asset service providers to include clarity on risk management, token issuance, and more.
2020-9-17 11:01 | |
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The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards.
2020-7-5 23:15 | |
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FATF's guidance compels crypto exchanges to share user data with one another.
2020-2-25 19:00 | |
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India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance, and less invasive crypto measures.
2020-1-18 10:35 | |
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Cryptocurrency is in a constant state of innovation lately, and the whole of the financial world needs to be prepared. The Financial Action Task Force (The Financial Action Task Force is preparing financial institutions and governments on the expansion of digital identification systems by sharing its latest AML and CFT guidelines.) has already prepared for […]
2019-11-5 00:15 | |
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The Financial Action Task Force wants financial institutions to prepare for the global expansion of digital identification systems.
2019-11-4 13:00 | |
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Shyft Network is building a blockchain solution to help crypto exchanges comply with the FATF's "travel rule" guidance.
2019-10-29 13:05 | |
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Earlier this year, the Financial Action Task Force (FATF) issued its guidance to member states on a “risk-based approach to virtual assets and virtual asset service providers. ” The intergovernmental regulator puts the onus of responsibility onto exchanges and wallets to share user data, virtually eliminating privacy in crypto transactions.
2019-10-1 15:08 | |
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As cryptocurrency service providers rush to find solutions for the FATF travel rule guidance, they may already have a ready-to-deploy solution from Netki. The post Netki Adapts TransactID Into Fits-All Solution for FATF Travel Rule Guidance appeared first on Bitcoin Magazine.
2019-9-10 22:44 | |
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Netki extends TransactID solution for FATF “Travel Rule” compliance - CryptoNinjas Netki, a provider of ID validation for transactions utilizing a secure, encrypted, private connection based on BIP 75, today announced its TransactID solution has been updated to address the new regulatory guidance from FATF, FINMA, and FinCEN, which requires Money Services Businesses, trading cryptocurrencies, to comply with the “Travel Rule.
2019-9-9 19:18 | |
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FINMA, the financial market regulator in Switzerland, has released a guide in line with FATF rules in order to target KYC/AML compliance for blockchain payments companies and cryptocurrencies. Any party that transacts in cryptocurrencies or transmits money over the blockchain is liable to comply with existing money laundering regulation in Switzerland, August 26, 2019.
2019-8-27 01:00 | |
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15 countries, including the G7, will reportedly create a system for tracking crypto transactions to prevent its illicit uses under FATF guidance
2019-8-10 18:04 | |
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Representatives from 36 of the world's most influential jurisdictions met last week under the Financial Action Task Force (FATF) banner to consider guidelines that could shape how governments around the world regulate the use of cryptocurrency.
2019-6-29 16:00 | |
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Representatives from 36 of the world's most influential jurisdictions met last week under the Financial Action Task Force (FATF) banner to consider guidelines that could shape how governments around the world regulate the use of cryptocurrency.
2019-6-28 16:00 | |
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The Financial Action Task Force (FATF) is forwarding AML and KYC recommendations and guidance that US's FinCEN and G20 countries could adopt. The post US’s FinCEN and G20 Countries Could Adopt FATF’s Crypto Guidance appeared first on Ethereum World News.
2019-6-24 13:01 | |
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The Financial Action Task Force’s [FATF] recommendations on regulating cryptocurrencies has taken the crypto-community by storm. According to the released document, virtual asset service providers would be required to implement AML/CFT requirements, just like traditional financial institutions.
2019-6-23 23:30 | |
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The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial institutions.
2019-6-22 08:57 | |
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Группа разработки финансовых мер борьбы с отмыванием денег (FATF) решила ужесточить регулирование криптовалютной индустрии, в частности — обязать биткоин-биржи и других поставщиков криптовалютных услуг (VASPs) соблюдать процедуры AML и CFT (противодействие финансированию терроризма) по аналогии с традиционными финансовыми компаниями.
2019-6-22 21:36 | |
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Группа разработки финансовых мер борьбы с отмыванием денег (FATF) решила ужесточить регулирование криптовалютной индустрии, в частности — обязать биткоин-биржи и других поставщиков криптовалютных услуг (VASPs) соблюдать процедуры AML и CFT (противодействие финансированию терроризма) по аналогии с традиционными финансовыми компаниями.
2019-6-21 21:36 | |
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Global legislators have voiced their support for a June summit in Japan, which will discuss industry responses to forthcoming crypto sector guidance from the FATF
2019-6-19 12:48 | |
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The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector.
2019-6-12 11:00 | |
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It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that.
2019-5-13 21:33 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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How will inflation, strong jobs data, and rising Treasury yields shape the Fed’s upcoming rate decision? The Federal Reserve’s Jan. 29 meeting looms large as markets eagerly await clarity on interest rate policy.
Argentine President Javier Milei has officially dismissed Florencia Mizrahi, the head of the country’s tax office, in a momentous political move that has sparked national and worldwide interest.
Headline inflation year-over-year is expected to increase by 0.2% and end a six-month consecutive decline, last seen in March 2024.
The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.
The cryptocurrency market shows signs of an incoming correction hours before the U. S. Consumer Price Index report is released. The global crypto market capitalization declined 3. 3% in the past 24 hours, sitting at $2.
Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin’s potential to protect wealth against inflation. Srinivasan claimed that Bitcoin (BTC) serves as a shield against what he describes as the gradual…
Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen trade risks? A brief look at inflation figures Inflation is like the temperature in a room — too hot, and it’s uncomfortable; too cold,…