Tag Archives: remittances

A couple of years ago the Financial Action Task Force (FATF) extended their recommendations to include cryptocurrency exchanges and wallet providers (together referred to as Virtual Asset Service Providers, or “VASPs”). This meant that all countries should apply anti-money laundering and anti-terrorist financing controls to these businesses: that is, customer due diligence (CDD), suspicious activity reports (SAR) and,Continue reading “The FinCen Travel Rule”