FATF

The Financial Action Task Force, also known by its French name, Groupe d'action financière, is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001 its mandate expanded to include terrorism financing.

Source: en.wikipedia.org

Can FATF’s New ‘Travel Rule’ Help Build A Better Crypto Ecosystem?
Can FATF’s New ‘Travel Rule’ Help Build A Better Crypto Ecosystem?
November 20, 2019  |  Cryptocurrency

Among the biggest problems for cryptocurrency — if not the biggest — is legitimacy. The world seems to be divided into two camps, at least...

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‘Travel Rule’ To Force Crypto Exchanges To Share Customer Data
‘Travel Rule’ To Force Crypto Exchanges To Share Customer Data
November 15, 2019  |  Cryptocurrency

The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, said on Friday (Nov. 15) that the U.S. government is going to strictly oversee...

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FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies
November 14, 2019  |  AML

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to announce an updated list of jurisdictions with anti-money laundering (AML) and Countering Financing of...

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Why FATF’s New Digital ID Report Will Be A Boon For Payments
Why FATF’s New Digital ID Report Will Be A Boon For Payments
November 13, 2019  |  Security & Fraud

The timing seems about right. As a brand-new decade looms – one that promises great strides for digital payments and commerce – digital ID, already...

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FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

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Bitcoin Daily: Blockchain Partnership Focused On EU Shipping; CipherTrace’s Mobile Tool Flags Suspect Crypto Tokens
Bitcoin Daily: Blockchain Partnership Focused On EU Shipping; CipherTrace’s Mobile Tool Flags Suspect Crypto Tokens
September 22, 2019  |  Bitcoin

Two firms are teaming up to create a blockchain solution for the European shipping market. Get the Full Story Complete the form to unlock this...

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Libra Forces Cryptocurrency Regulators To Reexamine Procedures
Libra Forces Cryptocurrency Regulators To Reexamine Procedures
September 12, 2019  |  Regulation

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. Get...

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Financial Action Task Force Keeping Tabs On Libra
Financial Action Task Force Keeping Tabs On Libra
September 10, 2019  |  Cryptocurrency

The Paris-based Financial Action Task Force (FATF), an organization which acts as the standard-setter for anti-money laundering (AML) standards around the globe, said it is...

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Bitcoin Daily: Netki Revamps Digital ID Service To Help Ensure AML Compliance; BitMEX COO Departs Amid Investigation
Bitcoin Daily: Netki Revamps Digital ID Service To Help Ensure AML Compliance; BitMEX COO Departs...
September 10, 2019  |  Bitcoin

Netki announced that it has upgraded its digital identity service so that cryptocurrency firms can meet AML recommendations by the Financial Action Task Force (FATF)...

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