June 11, 2019 BY Valentina Kirilova

G20 group adopts tough FATF KYC/AML rules: Debate is how to implement

The deed is done. Financial ministers of the G20 group have now decided to confront the crypto industry with tough new rules related to Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter the Funding of Terrorism (CFT), much as is now required of banks across the globe. The Financial Action Task Force (FATF) spent…

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