Browsing the "FATF" Tag

FATF Joins BIS in Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns

| Nikhilesh De

Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.

OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash

| William Foxley

OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.

How Anti-Money-Laundering Rules Hinder Libra’s Mission to Reach the Unbanked

| Ian Allison

A "step-ladder" approach to know-your-customer (KYC) rules could help the Libra stablecoin reach those disconnected from the financial system.

Bittrex Adopts Chainalysis KYT Software to Flag Suspicious Activity

| Danny Nelson

Bittrex's implementation of the intelligence software may help prevent bad actors from operating on the American exchange.

OKEX Korea Drops 5 Privacy Cryptocurrencies Citing FATF Rules

| Daniel Palmer

The Korean arm of the exchange has dropped support for privacy-enhancing cryptocurrencies including monero, zcash and dash.

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

| Daniel Palmer

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

CipherTrace Enters Race to Solve Crypto’s FATF Compliance Headache

| Nikhilesh De

CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.

Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’

| Nathan DiCamillo

Nekti has upgraded its digital ID service to help crypto firms meet the FATF's tough new standards for combating money laundering. 

15 Nations Plan Global Crypto Monitoring System Under FATF: Report

| Daniel Palmer

Fifteen nations are reported to be planning to set up a system to monitor crypto transactions.

Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report

| Daniel Palmer

Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT.