FATF

« Back to Glossary Index

The FATF or Financial Action Task Force Travel Rule refers to a regulatory guidance update to its Recommendation 16 that was implemented way back in 2019 as a part of the FATF Standards for combating cases of the crypto money laundering and terrorism funding (AML/CFT). It requires the virtual asset service providers to regulate the information sharing for specific large transactions.

« Back to Glossary Index

Check Also

best-vpn-for-streaming

7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …