FATF
Crypto Exchange OKEx Korea to Close as New AML Rules Come Into Force
An exchange spokesperson said the new anti-money laundering regime would make it too tough to continue operating.
Korean Government Approves Crypto AML Rule Set to Come Online Thursday
Crypto companies have until September to register with financial regulators.
Financial Watchdog Group Updates Guidance Affecting DeFi, NFTs
The Financial Action Task Force (FATF), a global financial watchdog organization, has updated its guidance on crypto assets to be more inclusive of recent market changes, including the NFT boom and growing interest in decentralized finance. Siân Jones of XReg Consulting weighs in on what the updated guidance means for crypto regulation.
Financial Watchdogs Have DeFi in Their Sights, Alter Wording Around NFTs
The FATF guidance makes a careful change of terminology, which appears to be a nod in the direction of NFTs.
CipherTrace Releases Its FATF-Friendly AML Tools for Crypto Exchanges
Cryptocurrency firms in Singapore already need to have a Travel Rule solution in place to get a license.
Will Anti-Money Laundering Watchdog Group Amend a Controversial Crypto Rule?
The Financial Action Task Force (FATF), an anti-money laundering watchdog group, announced it will seek public input into a controversial crypto data-sharing regulation known as the “Travel Rule.” “The Hash” panel discusses the potential implications.
Coinbase Calls Out Binance as It Bemoans Compliance Burden
Due to a lack of enforcement on the part of authorities, offshore crypto exchanges sell unregulated services to U.S. consumers "seemingly without penalty."
FATF Says It Is Open to Amending Crypto Travel Rule Guidance
The anti-money laundering watchdog said it is confident the industry will be able to implement the data sharing requirements by June.
‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule
Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.
BitMEX Introduces Data Storage Framework for FATF’s Travel Rule
Compliance chief Malcolm Wright led the development of BitMEX’s data storage principles for crypto exchanges.
