FATF

CoinFlash

Gibraltar Updates Distributed Ledger Guidance to Match FATF Crypto Rules

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

News  ·  17 September 2020
Europe

Leaked EU Draft Proposes All-Encompassing Laws for Crypto Assets

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

Policy & regulation  ·  16 September 2020
CoinFlash

User Profiling Can Help Regulators Identify Illegal Crypto Activity, Says FATF

The international watchdog has recommended comparing users' age and wealth with their crypto transactions to identify possible criminal activity.

Policy & regulation  ·  14 September 2020
FATF

FATF Compliance Effort Adds Huobi, Bitfinex and Tether to Governance Task Force

Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts.

Business  ·  2 September 2020
CoinFlash

Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed

The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually.

News  ·  21 August 2020
FATF

Where FATF Crypto Compliance Gets Interesting: Africa

Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.

Policy & regulation  ·  3 August 2020
FATF

How One Firm Is Addressing the Interoperability Problem Posed by FATF’s Travel Rule

Crypto companies building solutions to the FATF "Travel Rule" may be creating a new interoperability problem. Netki is offering a fix.

Business  ·  23 July 2020
Regulation

CoolBitX and Elliptic Team Up to Offer Crypto Firms Compliance Tools

Elliptic and CoolBitX will provide a package of their respective solutions to crypto firms such as exchanges needing to stay in compliance with regulators.

Policy & regulation  ·  21 July 2020
Exchanges

Crypto Exchange Group Eyes ‘Bulletin Board’ System for FATF Compliance: Coinbase Exec

Top cryptocurrency exchanges including Coinbase will release a white paper detailing a way to comply with the Financial Action Task Force's "Travel Rule."

Policy & regulation  ·  21 July 2020
Exchanges

$1.4B in ‘High-Risk’ Crypto Flowed Onto Exchanges in H1 2020, Analysis Firm Says

China-based blockchain analysis firm PeckShield tracked 100 million crypto addresses for its research.

Markets  ·  16 July 2020
Binance

Shyft Debuts ‘Decentralized Version of SWIFT’ for FATF Travel Rule

Shyft Network says 30+ exchanges are testing its blockchain-based solution to help cryptocurrency companies comply with the FATF Travel Rule.

Business  ·  14 July 2020
BitGo

BitGo Looks to Rally Exchange Clients Around FATF Travel Rule Product

BitGo has joined the pack of solution providers attempting to bring crypto in line with FATF anti-money laundering standards.

Business  ·  14 July 2020
Exchanges

FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges

The international financial watchdog will meet in October to discuss creating a stronger global framework for the regulation of cryptocurrencies.

Policy & regulation  ·  7 July 2020
Regulation

FATF Under Germany: Expand Digital AML/CTF Efforts

Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.

News  ·  7 July 2020
Regulation

FATF Meets Wednesday to Discuss ‘Travel Rule’ for Digital Assets

The Financial Action Task Force holds its summer plenary meeting Wednesday. Here's what to expect with the anti-money laundering watchdog discussing crypto.

Policy & regulation  ·  24 June 2020