cryptonews
2020-11-13 23:00:00

SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker

A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose – and may be based on outdated, centralized models.The Travel Rule is part of a set of FAFT guidelines that will call on governments to oblige virtual asset

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