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

filecoin-fil

Filecoin (FIL) Gain Slows During The Crypto Crash Session Today

« Back to Glossary IndexThe crypto market has again started the week in the red. …