2019-09-11 06:25:44

FATF closely monitoring Facebook’s Libra crypto, official says

The Financial Action Task Force (FATF), an international money-laundering watchdog, is having a close watch on Facebook’s planned cryptocurrency, Libra. Xiangmin Liu, president of the FATF, told Reuters on Tuesday that the watchdog wants to ensure “if there are significant risks, they need to be addressed.” “The anonymity afforded by virtual assets is being exploited […]The post FATF closely monitoring Facebook’s Libra crypto, official says appeared first on The Block.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer