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FATF has published a guide to the legal settlement of cryptocurrency


				28.06.2019
						

The FATF has published a Guide to the application of state control over virtual assets for 37 states, including the Russian Federation on its official website.

The manual gives recommendations on the feasibility of structuring activities in the field of virtual assets, as well as on the need to take measures to combat money laundering and terrorist financing.

FATF recommendations are not generally binding. Each country-member of an organization is entitled to take into account these recommendations and to introduce them into national legislation on a voluntary basis.

Nevertheless, in June 2020 the FATF will conduct an audit for compliance of local legislation with the new standards.

On materials of the following website: https://www.fatf-gafi.org/publications/fatfrecommendations/documents/guidance-rba-virtual-assets.html

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