FATF

Despite substantial progress in the combat against money laundering and terrorism financing, Qatar is being urged to improve its criminal justice response, especially in relation to terrorist financing, said the Financial Action Task Force (FATF). The Gulf state, known for its wealth and...

BitFlyer, a cryptocurrency exchange based in Japan, announced on Tuesday that it is introducing stringent measures against money laundering in compliance with the "Travel Rule" initiated by the global financial watchdog, Financial Action Task Force (FATF). The rules mandate sharing...

Japan is adopting enhanced measures to combat money laundering, notably, the "travel rule" advocated by the Financial Action Task Force (FATF). The regulation mandates Virtual Asset Service Providers, or VASPs, to share identifying details about the sender and recipient for all crypto...

Hong Kong's Securities and Futures Commission (SFC) has announced that it will start accepting applications for crypto trading platform licenses beginning June 1. The SFC's new guidelines aim to regulate the crypto industry and protect retail investors. According to the guidelines, licensed...

India has been at the forefront of the global discussion on cryptocurrency regulations as it holds the G20 presidency this year and is a member of the Financial Action Task Force (FATF). The proposed regulations for cryptocurrency in India may have a broader impact on the Indian economy, with...

Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) announced that payments giant PayPal Holdings Inc (NASDAQ: PYPL) has joined its TRUST network. What Happened: Coinbase said on Tuesday that the addition of PayPal to the TRUST network marked another milestone...

The Financial Action Task Force (FATF) released its guidance on how decentralized finance (DeFi) services should be regulated. The FATF is an intergovernmental organization tasked with setting financial regulation standards What Happened: On Thursday, FATF updated its 2019...