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Cryptopolitan 2019-06-25 00:11:58

Anonymity in the cross hairs as FATF drives further nails into Crypto exchanges

According to the latest report, the Financial Action Task Force has decided to set a time restriction of twelve months, and in that period, crypto exchanges are instructed to share information of users and senders with the beneficiary institutions. The Financial Action Task Force (FATF) is an intergovernmental organization, established to promote regulatory measures to combat the money laundering. In the final recommendation of the set of rules issued by FATF, it was stated that when crypto exchanges send money, the required information for each and every transfer that is to be obtained is in the following: 1) Name of

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