G20 Asks FATF to Clarify AML Standards for Cryptocurrencies155.23

Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. The officials also called on the Financial Action Task Force to clarify by October how its anti-money laundering standards apply to crypto-assets.

Also read: Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

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