Financial Action Task Force on Money Laundering, or simply the FATF, announced that it was not going to stand idle and simply watch how criminal money was laundered using digital currencies. This group consists of ministers and representatives from more than 30 countries. Since 2004, the Russian Federation has also joined the group. The regulator that deals with these issues in the FATF Council is the Federal Financial Monitoring Service. Recall that the FATF has developed general recommendations that are aimed at resisting various crimes related to terrorism and money laundering.

Following an earlier report on the exploitation of digital currencies in cybercriminal acts, the FATF announced the start of strengthening monitoring of this. This report was supported by representatives of many countries that are members of the FATF Council.

Source: coinduck .ru