FATF Pushes to Update Crypto AML Standards

FATF Pushes to Update Crypto AML Standards

The Financial Action Task Force (FATF) has recently announced that the intergovernmental organization will agree with a standard which will be applied to the cryptocurrency industry to combat the anti-money laundering activities more effectively. Marshall Billingslea, the president of the organization, believes that the discussion to be held on October will have the AML methodology revised.

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