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Tag Archives: FATF

15 Nations Plan To Unveil A System For Monitoring Crypto Transactions & More

  • By Daniel Shaw
  • August 13, 2019
  • 1 Comment
15 Nations Plan To Unveil A System For Monitoring Crypto Transactions 15 nations have joined hands with the Financial Action Task Force (FATF) in a bid to fight financial crime that is taking place in the Crypto economy. The nations have formed a task force that will announce the platform in 2020 ahead of a […]

Crypto Financial Crime Prevention Set For An Overhaul

  • By Samantha Mitchell
  • August 12, 2019
  • 1 Comment
A system for monitoring Cryptocurrencies is set to be announced in 2020 and deployed a few years down the line. This comes after over 15 nations formed a cooperative task force that aims to prevent Cryptocurrency Financial crime. Money laundering and other Crypto-based criminal activities are becoming rampant and the traditional Financial Crimes fighting agencies […]

FATF Tightens Crypto Regulation To Curb Money Laundering

  • By Samantha Mitchell
  • June 22, 2019
  • 1 Comment
FATF (Financial Action Task Force), is planning to exercise more control on cryptocurrency exchanges to prevent criminals from using the currencies to do money laundering and other related crimes. FATF is a multi-government body that is tasked with combating money laundering. FATF’s secretary Steven Mnuchin made the announcement today. He touched on the role of […]

New Registry for Whitelisted Cryptocurrency Businesses in Russia

A new record of whitelisted firms that provide Crypto-related products and services been developed by the Russian Association of Cryptocurrencies and Blockchain (RACIB). In addition, the much-awaited bill to monitor the virtual currencies in the country has been deferred until the development of the Financial Action Task Force on Money Laundering (FATF) policies. Whitelisted Cryptocurrency […]