Financial Action Task Force To Establish Rules For Crypto Regulation By June 2019

News, Regulation | October 22, 2018 By:

The Financial Action Task Force (FATF), a global money-laundering watchdog, is planning to publish its first rules on oversight of cryptocurrencies by June 2019.

The Paris-based money-laundering watchdog announced on Friday that the rules would be an upgrade from guidelines currently in place and would require jurisdictions worldwide to license or regulate crypto exchanges and digital wallet providers.

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