Tag: grip
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Global Regulators Tighten Grip on Cryptocurrency Markets as FATF Prepares New Anti-Money Laundering Framework
The international financial landscape is approaching a pivotal juncture as the Financial Action Task Force (FATF), the global watchdog for money laundering and terrorist financing, prepares to finalize a comprehensive set of regulatory standards that could fundamentally alter the operational framework of the cryptocurrency industry. Scheduled for publication on June 21, these new guidelines represent…
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CLARITY Act Advances in US Senate as Global Regulators Tighten Grip on Crypto ATMs and Cross-Border Transfers
The United States Senate Committee on Banking, Housing, and Urban Affairs has taken a decisive step toward establishing a comprehensive federal framework for digital assets, voting 15-9 to advance the Digital Asset Market Clarity Act, commonly referred to as the CLARITY Act. This landmark market structure legislation, which has been the subject of intense deliberation…
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