FATF’s new recommendations could potentially lead to the rise of decentralized exchanges

The Financial Action Task Force’s [FATF] recommendations on regulating cryptocurrencies has taken the crypto-community by storm. According to the released document, virtual asset service providers would be required to implement AML/CFT requirements, just like traditional financial institutions. The guidance was issued by the intergovernmental organization to bring about “financial transparency and setting expectations.” This did not […]

The post FATF’s new recommendations could potentially lead to the rise of decentralized exchanges appeared first on AMBCrypto.