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AMB Crypto 2021-04-05 18:35:32

Why DeFi needs to strike a fine balance regarding FATF’s guidelines

The Financial Action Task Force [FATF] published draft guidance on the risk-based approach to virtual assets in March. This newly drafted guidance points at the need for anti-money laundering and know your customer rules [KYC] to not only stablecoins but also decentralized finance [DeFi] and non-fungible token [NFT] assets. The FATF has been trying to […]

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