A standard has been developed for compliance with cryptocurrency exchanges FATF standards

    FATF и криптовалюты
    FATF and cryptocurrencies

    A number of organizations, such as the Chamber of Digital Commerce, the World Digital Finance Organization and the International Association of Digital Asset Exchanges, developed the IVMS101 standard, which, as conceived by the authors, will allow cryptocurrency exchanges to comply with anti-money laundering (FATF) standards.

    After implementation, IVMS101 will allow exchanges to introduce several necessary functions: user identification, data transfer automation and reduction of risks and costs.

    See also  Facebook rebranded Calibra wallet on Novi

    Related News

    Leave a Reply

    Your email address will not be published.

    Go up

    We use cookies to understand how you use our website and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies.