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Global Agency Issues New Guidelines For Bitcoin And Crypto Transactions – Crypto Exchanges Are Affected
There is a massive coordinated effort to fight illegal activity. It’s been reported that governments are planning a brand new approach for crypto exchanges, custodians, and their clients. Changing the ways in which exchanges operate The Financial Action Task Force (FATF) which is an intergovernmental agency that develops policies in order to combat money laundering is implementing brand new guidelines for crypto exchanges which are dealing with Bitcoin (BTC) and crypto. These recommendations will be impacting the way in which exchanges and related businesses operate and the way in which personal information of ... (full story)