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Virtual assets and financial crime now go hand in hand    | Financial Times

As the President of the FATF wrote in the Financial Times recently

"This past week, the FATF, whose global network consists of 204 countries, amended the organisation’s standards as they apply to financial activities involving virtual assets and also to businesses which deal in them — including virtual currency exchanges and some ‘wallet’ providers. It has agreed that all countries must supervise and monitor these businesses, and that they should also ensure they apply key controls against money laundering and terrorist financing, including customer due diligence and suspicious transaction reporting."

From "Virtual assets and financial crime now go hand in hand    | Financial Times".

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