FATF

  • More than 200 jurisdictions have agreed to implement the FATF cryptocurrency standard

    It is reported that the Financial Action Task Force (FATF) said that representatives from more than 200 jurisdictions have reached an agreement on the “action plan to promote the timely implementation of FATF standards globally” for encrypted assets. The standard-setting body said that many countries failed to implement their previous requirements for cryptocurrencies, including “travel rules”. FATF pointed out that representatives further agreed on an action plan to promote the timely implementation of FATF standards related to encrypted assets worldwide, including the transmission of originator and beneficiary information. Interpretation of…

    02/27/2023
    167
  • Overview of important developments overnight on February 25

    21:00-7:00 Key words: FATF, Circle, Tapiero, Polygon Interpretation of this information: The following message highlights three keywords, namely FATF, Circle, and Tapiero. The message is time-stamped between 21:00 and 7:00, which suggests that it was sent during the night. While it is unclear who sent the message and its intended recipients, the mention of these words provides some insight into its possible meaning. FATF stands for the Financial Action Task Force, an intergovernmental organization that fights money laundering and terrorist financing. The mention of this keyword suggests that the message…

    02/25/2023
    153