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2019-10-18 12:30:42

Libra, other stablecoins could hinder efforts to halt criminal use: FATF

The Financial Action Task Force [FATF], an inter-governmental organization that has pledged to combat money laundering and terrorism funding, has stated that Facebook and its stablecoin, Libra, would be subject to global standards on cryptocurrencies and traditional financial assets, according to reports. The Paris-based organization’s President, Xiangmin Liu, informed the press in the country, “If […]The post Libra, other stablecoins could hinder efforts to halt criminal use: FATF appeared first on AMBCrypto.