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The Current Threat Of Crypto Is Not From The Treasury, Said Executive Director of the Blockchain Association
Summary: Regulation has always been a matter of great concern to the crypto industry. Kristin Smith, executive director of the Blockchain Association, said in an interview with The Block that there are many rumors in the crypto market without any basis. Participants should pay attention to the decision of the Financial Action Task Force (FATF) to ...
Regulation has always been a matter of great concern to the crypto industry.
Kristin Smith, executive director of the Blockchain Association, said in an interview with The Block that there are many rumors in the crypto market without any basis. Participants should pay attention to the decision of the Financial Action Task Force (FATF) to be issued in June this year.
She said: "The thing that we do have to worry about at Treasury isn't coming from the top people as I said but Treasury's interaction with the Financial Action Task Force or the FATF. The FATF has proposed something that is fairly scary...if adopted would require a lot of different entities in the U.S. to register as money services businesses."
By Mary Liu
Tags: Blockchain Association,FATF,Kristin Smith,Regulation
Link: The Current Threat Of Crypto Is Not From The Treasury, Said Executive Director of the Blockchain Association [Copy]
