In Crypto: UK government U-turn on crypto wallet data collection
The UK government has performed a U-turn on plans to force the senders of funds to private cryptocurrency wallets to collect identification details of the recipients. Anti-money laundering and terror funding standards – Under Financial Action Task Force (FATF) – require the originator and recipient of funds being transferred need to be identified. The Treasury … Continue reading In Crypto: UK government U-turn on crypto wallet data collection
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