Where FATF Crypto Compliance Gets Interesting: Africa
Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.
The European Commission may be proposing an all-encompassing set of regulations covering the trading of digital assets across the 27-nation bloc.
The international watchdog has recommended comparing users' age and wealth with their crypto transactions to identify possible criminal activity.
The Gibraltar Financial Services Commission has updated its guidance for virtual asset service providers to include clarity on risk management, token issuance and more.
Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts.
The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually.