Research

⚖️ Global money-laundering watchdog to release crypto regulations by next June

Messari

Oct 22, 2018 ⋅  1 min read

The Paris-based Financial Action Task Force (FATF) said on Friday jurisdictions worldwide will be required to license or regulate cryptocurrency exchanges and some firms providing encrypted wallets, to help stamp out the use of digital money for money laundering, terrorism financing, or other crimes. By June, the watchdog will issue further instructions on how to implement and enforce these regulations.

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