Security News > 2019 > December > 2019 experienced massive spate of crypto crimes, $4.4 billion to date
2019-12-02 05:00
With only seven months left for nations to pass laws and virtual asset service providers (VASPs) to comply with the guidelines, the majority of cryptocurrency exchanges are not equipped to handle basic KYC, let alone comply with the stringent new funds Travel Rule included in the updated Financial Action Task Force (FATF) guidance, according to CipherTrace. Inadequate KYC The research results revealed that the lion’s share — more than two-thirds — of exchanges do not … More → The post 2019 experienced massive spate of crypto crimes, $4.4 billion to date appeared first on Help Net Security.
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