Report: Pakistan Likely to Earn Billions From Cryptocurrency
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country…
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South Korean crypto exchanges to follow Coinone in verifying private wallets
South Korean exchanges will require users to verify their third-party wallet addresses to help the country comply with FATF travel rule guidelines.
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
Cyprus’s finance ministry stressed the need to accelerate its capacity building for the crypto industry.
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance.
Russia to Decide Fate of Crypto Exchangers in 2022
Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in…
FATF includes DeFi in guidance for crypto service providers
Despite DeFi apps not being a VASP under the FATF standards, the authority still wants to apply VASP rules to them.
Tether trials Notabene’s new travel rule technology to combat financial crimes
The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions.
Ukraine passes legislation to recognize and regulate crypto
Ukraine is hoping its new digital asset regulations will attract foreign crypto exchanges to set up shop in the Eastern European nation.
Cardano Foundation partners with Coinfirm for FATF and 6AMLD compliance
Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number which may grow as the project prepares to expand to smart…