FATF Will Finally Publish Crypto Anti-Money Laundering Guidance Next Week

Posted on by American Coins & Gold

FATF Will Finally Publish Crypto Anti-Money Laundering Guidance Next Week
The Financial Action Task Force (FATF) will soon publish its revised guidance for cryptocurrency firms, President Marcus Pleyer said Thursday.“This guidance that we finalized for a risk-based approach to virtual assets and investments will be published next week,” Pleyer told CoinDesk during a press conference following FATF’s latest meeting.Several years in the making, the global anti-money laundering (AML) watchdog issued draft guidance for virtual asset service providers (VASPs) at a plenary meeting in March, but the final revised guidance was delayed as the regulatory agency attempted to encompass fast-moving areas of innovation such as decentralized finance (DeFi) and non-fungible tokens…