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FATF Releases Global Standards for Crypto Assets


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 Decides to Tighten Crypto Regulation - Report


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...

Indian Government Shed Light on Proposed Crypto Regulation


Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing...

Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries


Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...

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