Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Global Standard For Crypto Anti-Money Laundering Nears

Published 09/20/2018, 12:45 PM
Updated 09/20/2018, 02:00 PM
 Global Standard For Crypto Anti-Money Laundering Nears

Financial Action Task Force (FATF) president Marshall Billingslea said a global standard for anti-money laundering (AML) that would apply to cryptocurrencies is nearing finalization.

In an interview with the Financial Times, Billingslea said he is optimistic that worldwide standards could be established next month when the FATF holds its plenary and agrees to fill in “gaps” all nations face and to discuss which of the proposed standards require updating to include digital assets.

“It is essential that we establish a global set of standards that are applied in a uniform manner,” he said.

Over the past few months, the task force made significant advancements in its effort to establish a “consensus across nations,” after G20 member-states requ...


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.