Steve Mnuchin Pushes for Crypto Transparency Following Global FATF Guidelines

In recent news, Steve Mnuchin, U.S Treasury Secretary, wants transparency for the cryptocurrency industry by getting behind sweeping FATF guidelines that will require exchanges to identify recipients of crypto transactions. The FATF has 37 member countries, meaning these guidelines will be global and far-reaching in their impact.

The question is, are they a good thing or a bad thing for the industry?

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