We need to solve the communication problem between crypto projects and regulators to build a healthy ecosystem, writes Shin’ichiro Matsuo.
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.
The G20 has reaffirmed it will apply standards to counter money laundering and terrorism funding, soon to be finalized by the Financial Action Task…
Japan’s financial watchdog is said to be inspecting crypto exchanges over anti-money laundering measures ahead of June's G20 meeting.
G20 leaders declared that they would regulate crypto to mitigate financial crimes in a statement after this weekend's summit.
Increased regulation, as long as it is done with industry cooperation and the aim of de-risking the broader market, will hasten blockchain adoption.
G20 member countries are looking at an October deadline for reviewing and implementing a global AML standard on cryptocurrency assets.
The global Financial Stability Board has published its expected framework for monitoring risk in the cryptocurrency markets.
The Financial Action Task Force reportedly aims to develop compulsory rules for the world's cryptocurrency exchanges.