FATF | ForkLog

ForkLog 9 29.06.2021

FATF urges faster adoption of revised standards for the crypto industry

Most FATF-supervised jurisdictions have not yet implemented requirements for crypto-asset firms, according to a notice following the organisation's plenary meeting.

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ForkLog 4 21.06.2021

Malta risks being placed on FATF’s offshore list over Bitcoin support

The Financial Action Task Force (FATF) described the country's initiative to attract cryptocurrency startups as 'problematic', according to Times of Malta.

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ForkLog 6 01.04.2021

Japan tightens regulation of its cryptocurrency industry

The Japan Financial Services Agency (FSA) will implement FATF guidance on anti-money laundering and countering the financing of terrorism for local cryptocurrency companies.

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ForkLog 4 25.03.2021

Binance hires former FATF chiefs as regulatory advisers

Former FATF leaders have joined Binance as advisers on regulatory compliance and regulation.

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ForkLog 11 22.03.2021

FATF Includes DeFi in Draft Guidance for the Crypto Industry

The Financial Action Task Force (FATF) has proposed amendments to the guidelines for the cryptocurrency industry. Under the draft, the regulator's focus includes the DeFi sector and NFTs.

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ForkLog 5 26.02.2021

FATF to revise rules governing the crypto industry in March

The Financial Action Task Force (FATF) has begun accepting feedback to amend the rules governing the digital asset industry. The new version is due to be released in the first week of March.

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ForkLog 9 16.11.2020

FATF: Crypto firms still far from full compliance

Cryptocurrency companies are only beginning to adapt to regulatory requirements, and they have a long road ahead to full compliance. This was stated by FATF Executive Secretary David Lewis, according to Cointelegraph.

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ForkLog 7 16.11.2020

Opinion: Without regulation of the cryptocurrency market, Ukraine risks the FATF blacklist

Ukraine's anti-money-laundering legislation needs urgent refinement, otherwise the country risks ending up in the 'grey zone' or being placed on FATF's blacklist. This was stated by Maxim Demyanyuk, head of the expert group on the development of virtual assets at the Ministry of Digital Transformation.

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ForkLog 12 25.10.2020

U.S. crypto-industry players unveil plan to implement FATF requirements

A consortium of leading U.S. cryptocurrency companies, including Coinbase and Gemini, has unveiled an official plan for its members to comply with the FATF's anti-money laundering and countering the financing of terrorism (AML/CFT) requirements.

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ForkLog 8 21.08.2020

Switzerland Conducts First Automated Bitcoin Transaction Compliant with FATF Rules

Swiss-based Crypto Finance AG and Mt Pelerin conducted the first automated Bitcoin transaction in compliance with FATF anti-money-laundering standards and FINMA. The software for the operation was supplied by solutions provider 21 Analytics.

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Krzysztof Shpak 459 21.07.2020

Major US Crypto Exchanges to Develop Customer Data Exchange Solution Compliant with FATF Rules

American cryptocurrency exchanges have formed a working group that aims to develop a user data exchange solution compliant with the relevant Financial Action Task Force (FATF) rules.

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Krzysztof Shpak 529 07.04.2020

U.S. Is Almost Compliant With FATF Recommendations on Crypto

The Financial Action Task Force (FATF) issued a report on the level of compliance with its recommendations in the U.S. It turned out, the country isn’t following the crypto-related recommendations exactly to the letter.

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