Fatf

Recent FATF regulatory guidelines have paved the way for virgin bitcoin because they have no recorded transactional history.

Canada has introduced AML regulations in response to concerns about money laundering and terrorist financing.

In this episode, Dave and a guest discuss the new Financial Action Task Force guidelines and the difference between Facebook's Libra and Bitcoin.

Chainalysis estimates that $1 billion dollars will be spent on illegal businesses on the dark web in 2019, but that the proportion of bitcoin transactions that involve illegal activity has declined.

Following the recent G20 conference in Japan, international leaders have endorsed FATF regulations for reducing anonymity in cryptocurrency use.

The blockchain analytics company and attestation platform will introduce an anonymous identity scheme for protecting user identities.

Following a consultive forum this month, there is no indication that the FATF will change its recent position on stricter KYC rules for cryptocurrency service providers.

The Pakistani government will now regulate local cryptocurrency firms under new legislation, reportedly based on recommendations from the international Financial Action Task Force.

2018 has been a hallmark year for the U.S. Securities and Exchange Commission (SEC)’s enforcement against cryptocurrency companies, and, according to one director, international collaboration with other regulatory agencies has played a supporting role in the SEC’s recent regulatory actions.

Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation.