fatf – Page 7 – DIGIT INFO

Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity

The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by the Financial Action Task Force (FATF), according to the central bank. Philippine Central Bank Introduces New Rules […]

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Users vs. governments: The ‘infinity war’ for blockchain privacy may be over

The privacy paradox has a potential resolution — if both sides can accept compromise in an increasingly polarized financial system

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France moves to ban anonymous crypto accounts to prevent money laundering

France is preparing new frameworks to prevent anonymity in crypto.

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Russia’s Gazprombank debuts Bitcoin trading in Switzerland

The Switzerland-based branch of a major Russian bank has also joined OpenVASP.

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‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert

Siân Jones, a senior partner at XReg Consulting, said the FATF’s narrow approach to regulating crypto must be tackled by the community as a whole.

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Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy

David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they’re compliant.

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A minister’s look at what regulators expect from the industry

Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it.

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Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper

Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset […]