Agustin CarstensAMLBank of International SettlementsBitcoin.comBTCCryptocurrenciesElon MuskFATF guidanceMicrosoftregulation

Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation

Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets…
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"The Big Bitcoin Heist"99-page reportAMLBitcoinBitcoin.comBjörn GodenrathDecentralized ExchangeDeFiDEXFatfFATF guidanceFinancial Action Task ForceKYCNFTregulationRegulatory standardsThe FATFVAvaspVASPs

New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs

On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets….
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