Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies

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Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies The Financial Action Task Force (FATF) has adopted changes to its standards regarding digital currencies and firms involved into cryptocurrency-related activities, according to an announcement published Oct. 19. Paris-based FATF, also known as Groupe d’action financière (GAFI), is an intergovernmental organization established in 1989 on the…

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