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Nalezeno "fatf": 339

Why FinCEN Wants Details on All Cross-Border Transactions Over $250

16.11.2020
At an event Monday, FinCEN staffers discussed the “why” of a new proposal that has crypto fans concerned

FATF Signals More Pressure on Crypto Industry As It Moves 'Too Slow'

16.11.2020
International regulators have hinted that they may seek to block global stablecoins if their operators attempt to launch tokens in jurisdictions beyond their remit. Also, they suggested that they could be prepared to redouble their regulatory efforts as Virtual Asset Service Providers (VASPs)...

FATF Preparing Regulation for P2P Crypto Trading Platforms

16.11.2020
The Financial Action Task Force (FATF), the G7-founded intergovernmental organization that fights money laundering, has fired a warning shot at peer-to-peer (P2P) crypto exchange operators – stating that it is “now looking closely at P2P transactions that involve a Virtual Asset Service Provider...

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

16.11.2020
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

SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker

14.11.2020
A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose – and may be based on outdated, centralized models. The Travel Rule is part of a set...

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

7.11.2020
Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it

Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses

2.11.2020
The Cayman Islands is building a regulatory framework for "virtual asset service providers" with some measures already enacted

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

24.10.2020
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...

Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules

22.10.2020
Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that...

Group Backed by ING Bank, Fidelity and Standard Chartered Releases Crypto AML Tools

8.10.2020
The Travel Rule Protocol working group has published v1 of its TRP API

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

25.9.2020
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling...

Gibraltar updates DLT framework to comply with FATF rules

20.9.2020
Once again, Gibraltar is taking the lead in crypto regulations

Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

19.9.2020
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17,...

Gibraltar Updates Distributed Ledger Guidance to Match FATF Crypto Rules

17.9.2020
The Gibraltar Financial Services Commission has updated its guidance for virtual asset service providers to include clarity on risk management, token issuance, and more

Leaked EU Draft Proposes All-Encompassing Laws for Crypto Assets

16.9.2020
The European Commission may be proposing an all-encompassing set of regulations covering the trading of digital assets across the 27-nation bloc

FATF hints at Binance as example of an exchange avoiding regulation

14.9.2020
The FATF doesn’t seem to like frequent jurisdiction hoppers, notably Binance

Red Crypto Flags by FATF, Tether Ditches Tron For Ethereum + More News

14.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news In an attempt to help national authorities detect cryptoasset-related money laundering and terrorist financing, the Financial...