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V20 Summit Concludes With Promises for Crypto Industry

<header class=”article__header”> </header> <strong>As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies and global policymakers …

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How to Keep Bitcoin Cash Transactions Private

<header class=”article__header”> </header> <b>There are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto exchanges to strengthen their …

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FATF Releases Global Standards for Crypto Assets

<header class=”article__header”> </header> <strong>The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial institutions.</strong> Also read: Indian Cryptocurrency Regulation Is Ready, …

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35 Countries Urged to Regulate Cryptocurrency Exchanges Like Commercial Banks

</header> <strong>The Financial Action Task Force has finalized its requirements for the supervision and monitoring of cryptocurrency service providers. The inter-governmental body has reportedly urged all of its 35 member countries to regulate crypto exchanges in the same manner they regulate commercial banks.</strong> Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval …

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Localbitcoins to Introduce New User Verification Rules

</header> <strong>Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. </strong> Also read: 3 Technical Proposals for Increasing Bitcoin’s Privacy P2P Exchange Localbitcoins Advising Finnish Regulators …

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