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Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report
18.7.2019
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT
Tokyo ‘Builds SWIFT Network for Crypto Payments with FATF’s Blessing’
18.7.2019
The Japanese government is reportedly spearheading an international initiative to create a “network for cryptocurrency payments, similar to the SWIFT network used by banks” – in conjunction with the country’s top regulator and the inter-governmental Financial Action Task Force (FATF).
Reuters...
110 Cryptocurrency Exchanges Want to Launch in Japan – A Look at Recent Changes
9.7.2019
Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto...
India to Educate High-Ranking Police Officers on Cryptocurrency
8.7.2019
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian...
After FATF Battle, Cryptoverse Has 3 Months for a Fight in the UK
3.7.2019
Another regulatory battle has just been announced, as the UK financial watchdog said it wants to ban cryptocurrency derivatives to all retail consumers in the Kingdom.
"We are consulting on banning the sale, marketing and distribution of derivatives and exchange traded notes referencing...
Planned Solution for FATF ‘Travel Rule’ Compliance Keeps User Data Private
2.7.2019
CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force
‘Not Everyone Is Happy but We Have to Move on,’ Some Challenges to the FATF’s New Guidance
2.7.2019
Not everyone is happy about the FATF’s new rule. Cointelegraph investigates some challenges from both technical and philosophical standpoints
G20 Leaders Reaffirm Position on Cryptocurrencies in Statement
1.7.2019
Following the G20 Summit in Osaka, global leaders reaffirmed their position on cryptocurrencies in a joint statement
G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
1.7.2019
The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read:...
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...
V20 Summit: FATF Puts Some Pressure off the Crypto Industry
28.6.2019
Tom Neylan, head of the Policy Development Group within the Secretariat of the FATF, at the V20 Summit. Source: Twitter, @TeanaTaylor
It seems that the Financial Action Task Force (FATF), a multi-government body, that scared the crypto industry with its new guidance, now tries to calm the companies...
How to Keep Bitcoin Cash Transactions Private
28.6.2019
There are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto...
G20 Policymakers to Discuss Regulations Proposed by Crypto Industry
27.6.2019
As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended...
Chainalysis Hires FinCEN Vet to Tackle Crypto’s New ‘Travel Rule’ Challenge
26.6.2019
Chainalysis has hired a FinCEN official to help crypto firms comply with tough new FATF data-sharing requirements
PR: New FATF Rules See VASP Industry Convene for V20 Summit
26.6.2019
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
48 Cryptocurrency Exchanges Now Approved in the Philippines
25.6.2019
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read:...
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...
FATF to Strengthen Control Over Crypto Exchanges to Prevent Money Laundering
21.6.2019
At the plenary session today, the FATF focused on greater regulation of cryptocurrency to stop its usage in money laundering
FATF Decides to Tighten Crypto Regulation - Report
21.6.2019
Marshall Billingslea, the President of the FATF. Source: Twitter, the FATF
The Financial Action Task Force (FATF), a multi-government body, told governments to tighten oversight of cryptocurrency exchanges to stop digital coins being used to launder cash, Reuters reported, citing a statement...