Barry James Posted

The FATF Juggernaught - An Existential Crisis for Crypto and Tokens?

If some still think that crypto, tokens and blockchain exist in a separate universe then it's time for a rethink. Just look what happened to ICOs over the last year.

As you may have seen I recently returned from representing the association in Vienna at the G8's financial action task force (FATF) who are responsible for setting AML standards globally.

To put it bluntly why wouldn't the banks wants to do for exchanges and other crypto services (FATF calls these VASPS and seems to include wallet providers) what the SEC has done for ICOs? Not only is it in their...


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