Latest

More stringent control over cryptocurrency transactions is needed, FATF

More stringent control over cryptocurrency transactions is needed, FATF
Washington – The Financial Action Task Force (FATF) says countries need to tighten controls on cryptocurrency transactions to meet international standards of transparency.

According to the foreign news agency AFP, the Paris-based watchdog said that countries have made only “limited progress” in enforcing their “travel rules” which he proposed to adopt globally in 2015. What was

The rule requires regulators to ensure the identification of people involved in transactions in cryptocurrency, similar to the rules that govern regular banks.
This standard is seen as a way to reduce the risk of cryptocurrencies being used for money laundering or terrorist financing.

Related posts
LatestScience

Metta launches a human-co-learning chatbot

Metta launches a human-co-learning chatbot San Francisco: Many websites have human-assisted chatbots…
Read more
Latest

Meta accused of collecting user data without permission, two new cases filed

Meta accused of collecting user data without permission, two new cases filed California: Two new…
Read more
Latest

Main sweet bonanza

Main sweet bonanza: With regards to the best internet betting destinations for moderate big stakes…
Read more
Newsletter
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.

Leave a Reply

Your email address will not be published.