Bitcoiners Should Work With The FATF, Not Against It

Bitcoiners Should Work With The FATF, Not Against It

Regulators like the FATF are going to continue to make decisions surrounding Bitcoin, so Bitcoiners should seek to have input.This is an opinion editorial by Kevin Murcko, CEO and founder of Coinmetro.On October 12, 2022, I was honored to speak at Bitcoin Amsterdam’s panel session titled “FATF And The Threat To Bitcoin Privacy.” With my fellow speakers, we dove into the evolving role of the Financial Action Task Force (FATF), and its relationship to Bitcoin. It’s so important that we understand both sides of the argument if we are to create a world where both....


Related News

If We’re Going To Fix Regulation, We Need To Be Part Of The Conversation

Regulators like the FATF are going to continue to make decisions surrounding Bitcoin, so Bitcoiners should seek to have input.

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.

FATF Publishes Crypto Guidance, Why The DeFi Sector Could Be At Risk

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 […]

New 2021 FATF Crypto Guidelines Labelled as Mass Warrantless Surveillance

The Financial Action Task Force (FATF) has released updated draft crypto guidelines. A review of the changes highlights recommendations to increase the mass surveillance of users. The greatest fear of regulatory overreach is that it will stifle innovation and deter privacy-conscious investors from participating. Crypto Under The Spotlight FATF is a global financial watchdog that […]

Reporting ‘limited progress,’ FATF urges countries to introduce legislation f...

“Countries that have not introduced Travel Rule legislation should do so as soon as possible, and FATF jurisdictions should lead by example," said the organization. The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of Terrorism, or CFT, and Anti-Money Laundering, or AML.In an update released Thursday on the “Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers,” the FATF reported the “vast majority” of jurisdictions assessed by the organization’s....