What are AML Regulations for Cryptocurrency?

AML Regulations

The role of cryptocurrency exchanges in the global financial system continues to increase. However, the anonymous nature of these transactions poses a risk to financial markets, since they facilitate the movement of funds generated by criminal activity. Most cryptocurrency exchanges now enforce Anti-Money Laundering (AML) regulations for this reason.  Investing in cryptocurrency carries an element […]

How the FATF Will Regulate Crypto

FATF Cypto regulation

The intergovernmental body, Financial Action Task Force (FATF), has been combating global money laundering since 1989. Beginning in 2018, FATF made efforts to level the playing field in the cryptocurrency and virtual asset service provider (VASP) spaces. The FATF standards will look to apply similar safeguards to virtual assets (VAs) as have existed in the […]