International Anti-Money Laundering Standards for Crypto Expected in October
Cointelegraph
Published Sep 20, 2018 09:57PM ET
International Anti-Money Laundering Standards for Crypto Expected in October
The Financial Action Task Force (FATF) said it is getting closer to the establishment of a global set of anti-money laundering (AML) standards for cryptocurrencies, Financial Times reported September 19.
The FATF is an international organization established in 1989 at the initiative of the G7 in order to develop policies and standards to fight money laundering. The agency’s scope of activities further expanded to combat terrorism financing. The FATF currently comprises 35 member jurisdictions and 2 regional organizations.
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Written By: Cointelegraph
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