G20 Reaffirms It Will Apply Expected Tough New FATF Rules on Crypto
The G20 has reaffirmed it will apply standards to counter money laundering and terrorism funding, soon to be finalized by the Financial Action Task Force.
National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says.
We need to solve the communication problem between crypto projects and regulators to build a healthy ecosystem, writes Shin’ichiro Matsuo.
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
The Financial Action Task Force has officially ruled that crypto firms worldwide must share client data with each other.
The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions.