Thailand to Bring Cryptocurrency Under Anti-Money Laundering Rules

Thailand’s anti-money laundering regulator is planning to amend the country’s laws to include cryptocurrency. Speaking to the Bangkok Post, Police Major General Preecha Charoensahayanon, secretary-general of the Anti-Money Laundering Office (Amlo), said he believes that, while currently not an issue, cryptocurrency “will be a…

All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules

A powerful intergovernmental organization devoted to combating money laundering and terrorism financing has finalized its recommendations on regulating cryptocurrencies for its 37 member countries. As expected, the Financial Action Task Force (FATF) standards released Friday include a controversial requirement that “virtual asset…