American cryptocurrency exchanges have formed a working group that aims to develop a user data exchange solution compliant with the relevant Financial Action Task Force (FATF) rules.
The Financial Action Task Force (FATF) issued a report on the level of compliance with its recommendations in the U.S. It turned out, the country isn’t following the crypto-related recommendations exactly to the letter.
After FATF had uncovered their new AML/CFT recommendations that would become fully enforceable in June 2020, investors started getting interested in virgin Bitcoins, i.e. freshly minted coins that were not involved in any operations aside from mining.
Blockchain analysis company Chainalysis has criticized recent draft document of the Financial Action Task Force (FATF), in which the organization gives the national governments recommendations for more effective supervision of crypto transactions.