Last weekend in Japan, G20 Finance Ministers reaffirm(ed)” their support of incoming “amended” FATF Standards requiring strict KYC/AML compliance in the cryptocurrency sector. The rules are expected to impact cryptocurrency exchanges, crypto wallet providers, custodians, hedge funds and brokers. G20 ministers also stated that they... Read More
The post Report: Incoming FATF Rules for Crypto Will Be Costly and Better For the Sector’s Long Term Prospects appeared first on Crowdfund Insider.

More Stories

Crowdfund Insider: Sunday September 15, 2019

Social Trading Giant eToro Introduces New Language Lira for Enhancing Derivatives Trading

Social trading giant eToro has introduced a new programming language, Lira, which makes it easier for users to engage in derivatives trading. Chief blockchai

Crowdfund Insider: Sunday September 15, 2019

Australian Senate Creates Standing Committee on Fintech & Regtech

Last week on September 11, the Australian Senate decided to establish a "Select Committee on Financial Technology and Regulatory Technology" or a committe

Crowdfund Insider: Sunday September 15, 2019

Blockchain Devices Market Is Projected to Grow to $1.125 Billion By 2024: Report

The global blockchain devices market is projected to grow by 42.5% at a compound annual growth rate (CAGR) by 2024, according to a report by Indian consulti

Crowdfund Insider: Sunday September 15, 2019

German Government Speaks Against the Authorization of Facebooks Stablecoin Libra

Germanys government has spoken against the authorization of the ongoing development of Facebooks controversial stablecoin project Libra in Europe.

Crowdfund Insider: Sunday September 15, 2019

Report: Cubans Using Cryptocurrencies to Buy Products Abroad

Some Cubans fed up with being frozen out of global commerce by decades-old US sanctions have started using cryptocurrencies to transact online, Reuters repo

Crowdfund Insider: Saturday September 14, 2019

Tethers Cause Traffic Jam on Ethereum

The unexplained recent migration of almost a billion USD-pegged tether cryptocoins to the Ethereum network has caused 100 000 transactions to get "stuck"