"US only largely compliant with FATF crypto guidelines" April 4, 2020
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Show Notes
Today's blockchain and cryptocurrency news
Bitcoin is down 3% at 6,715
Ethereum is down 3% at $141
and XRP is down 1% at 18 cents
Top gainers in the last 24 hours:
Cybervein up 28%
Waykichain up 21%
The Spanish tax authority, AEAT is sending 350% more letters to crypto traders this year despite the coronavirus.
According to the FATF, the US is not currently fully compliant with the organizations crypto recommendations.
The National Internet Finance Association of China a self-regulatory watchdog for the People’s Bank of China says overseas crypto exchanges are faking trading volumes.
Chainalysis indicates the correlation between bitcoin spending and its price went through dramatic changes in the recent market volatility.
Links:
- US is not fully compliant with crypto recommendations, says FATF - The Block
- Bitcoin payments on dark markets most impacted by coronavirus pandemic: Chainalysis report - The Block
- Spanish tax authority to send more letters to crypto traders this year, despite coronavirus - The Block
- Chinese watchdog says crypto exchanges fake trading volumes - The Block
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