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FATF update on AML/CFT measures for virtual assets and stablecoins

Financial Action Task Force (FATF) has published its Private Sector Business Bulletin for March 2020, with updates on AML/CTF  measures for virtual assets including the progress on the implementation of the "travel rule" that requires transparency about the originator and beneficiary of payments.

FATF will report to the G20 in July 2020 on its analysis of ML/TF risks related to stablecoins and the application of the FATF Standards to them.

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