Terrorism Funding news and trends

FATF: Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists

July 10, 2020
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FATF: Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists

July 10, 2020
Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The survey, requested by the G-20, a group of finance ministers and central bank governors from the world’s largest economies, identified finance vulnerabilities that must be fixed before digital currencies are used globally, […]