FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians

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On June 21, the FATF will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector. On June 21, the Financial Action Task Force (FATF) will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector, according to FATF spokeswoman Alexandra Wijmenga-Daniel. The news was reported by Bloomberg on June 12.Per Bloomberg, the new rules will apply to a wide gamut of businesses dealing with cryptocurrencies and tokens — including crypto exchanges, custodians and crypto hedge funds.FATF is an intergovernmental organization established on the initiative of the G7…
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FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians

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