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FATF ‘Absurd’ Bitcoin Exchange Rules Will Reduce Crime, Researchers Admit | BitcoinLinux
The FATF ‘Travel Rule’ that cryptocurrency proponents have described as “absurd” will result in a mass shift to compliance among Bitcoin exchanges, new data claims. Contents hide 1 FATF Rules Move Closer To Law 2 FATF Will Reduce Bitcoin Exchange Anonymity FATF Rules Move Closer To Law In a report issued on September 9, Crystal Analytics, the dedicated offshoot of mining giant Bitfury, forecast possible consequences of cryptocurrency rules likely to become law across the globe by June 2020. The changes concern member states of intergovernmental body the Financial Action Task Force (FATF). In June, the organization said entities such