Updated Crypto Guidelines From FATF Has Far-Reaching Implications

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The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers), compromising user privacy and restricting crypto market access. Also read: BCH Development Fund Doubles Its Goal After a Successful Month The Incoming Deluge Regulations have value. In a private business they are boundaries and expectations set by the owner, and adhered to voluntarily by those that utilize their service. Management-imposed regulations in a private brokerage firm can keep irresponsible practices such as selling heavily margined…
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Updated Crypto Guidelines From FATF Has Far-Reaching Implications

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