The FATF requires virtual asset service providers to implement the same preventive measures as financial institutions, including customer due diligence, record keeping and reporting of suspicious transactions, and adhere to its travel rule – which requires crypto service providers to collect and share information on transactions above a certain threshold.
Bitcoin Sinks Below $58K in Run-Up to Fed Decision
Bitcoin (BTC) sank below $58,000 during the European morning on Wednesday to the lowest level since the end of February....