Global Task Force Swings Its Mighty Regulation Hammer At Bitcoin & Cryptocurrencies
The Financial Action Task Force is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions.
Its objectives are to "set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system."
In today's video, we discuss some quite significant directives that have just been released by the FATF, which has some exchanges reeling at how they are going to manage to comply.
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