Bitcoiners Must Fight The FATF And Its AML Regime
The Financial Action Task Force and its anti-money laundering policies are antithetical to Bitcoin and an attack on human rights everywhere.This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International.Financial surveillance is all around us. Every time you want to sign up with a bank, you have to show identifying documentation, be screened by their automated systems and get peppered with all kinds of questions about your job, your lifestyle and source of wealth. Oftentimes, when you go to withdraw,....
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Regulators like the FATF are going to continue to make decisions surrounding Bitcoin, so Bitcoiners should seek to have input.
Regulators like the FATF are going to continue to make decisions surrounding Bitcoin, so Bitcoiners should seek to have input.
For Bitcoiners to embrace a fight is to take time away from the natural truth and love that Bitcoin leads people to.
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers. Countries failing to adhere to anti-money laundering (AML) guidelines for cryptocurrencies could find themselves added to the Financial Action Task Force’s (FATF's) “grey list."According to a Nov. 7 report from Al Jazeera, sources say the global financial watchdog is planning to conduct annual checks to ensure countries are enforcing AML and counter-terrorist financing (CTF) rules on crypto providers. The grey list refers to the list....
The Financial Action Task Force (FATF) has published an update on their virtual assets and virtual asset service provides guidance with a special focus on the DeFi sector. A market gaining more attention from regulators and government agencies around the world, the FATF proposal could usher a new crackdown on crypto and related companies. Related […]