Financial Action Task Force Calls For Stricter Regulation of Virtual Asset Service Providers

The Financial Action Task Force (FATF) — an intergovernmental organization founded to develop policies against money laundering and terrorism financing — is even more squarely setting its sights on regulating, supervising, and monitoring providers of services for digital assets. Specifically, FATF has admittedly been working on an Interpretive Note to Recommendation 15, which defines how the FATF standards apply to activities or operations involving virtual assets. As has been the case for quite some time,Read MoreThe post Financial Action Task Force Calls For Stricter Regulation of Virtual Asset Service Providers appeared first on Bitcoinist.com.