SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker

A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose - and may be based on outdated, centralized models. The Travel Rule is part of a set of FAFT guidelines that will call on governments to oblige virtual asset