Financial Action Task Force to Set Cryptocurrency Regulations in June

[kreslik.news]

The Financial Action Task Force is planning to introduce rules for cryptocurrency exchanges, according to Reuters. The report cites a Japanese government official who is familiar with the matter. The official commented on condition of anonymity.

The FATF, also known as the Groupe d’action financière, is an inter-governmental organisation whose remit is helping governments develop policies to combat money laundering and terrorism financing. It was created in 1989 by the then-G7 and is based in Paris.

[url=https://www.etoro.com/markets/btc?utm_medium=Media&utm_medium=Media&utm_source=50140&utm_source=50140&utm_content=0&utm_content=0&utm_serial=btvsbtc060618&utm_serial=&utm_campaign=btvsbtc060618&utm_campaign=&utm_term=&utm_term=]Time to buy the dip?[/url]

The organisation has 37 member countries and 8 other associated groups, such as the Asia/Pacific Group on Money Laundering ... (read more)