Category: aml

FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations

The Financial Action Task Force (FATF) has rated the U.S. “largely compliant” with its revised criteria for preventing money laundering and terrorist financing (AML/CTF) through digital assets. The intergovernmental standards group published its assessment of the U.S.’s compliance with...

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Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools

Stablecoin issuer Tether is partnering with blockchain forensics firm Chainalysis to bolster its anti-money laundering tools. The companies announced Wednesday Tether would apply Chainalysis’ “Know Your Transaction” tool for token issuers, allowing the stablecoin firm to monitor activity and...

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