Cryptosphere Preps Itself For Controversial New FATF Regulation

June 12, 2019 4:27 PM

In nine days, a new Financial Action Task Force rule will require crypto-related businesses in about 200 countries, including the US, to verify the identity of anyone sending or receiving over $1,000 or 1,000 euros. Companies from crypto exchange Coinbase to asset manager Fidelity Investments will be expected to comply.

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