Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. On February 22, 2019, the intergovernmental Financial Action Task Force on Money Laundering (FATF) published a draft recommendation for strict and uniform anti-money laundering (AML) regulation for cryptocurrency…