Tagged: elsa madrolle

Retail Focused Central Bank Digital Currencies are “More Advanced” where Informal Economy is Larger: BIS Report

August 25, 2020 @ 8:27 am By Omar Faridi |

The Bank for International Settlements (BIS), a global financial institution owned by reserve banks that aims to support international monetary and financial cooperation and acts as a bank for central banks, has noted that central bank digital currencies (CBDCs) are now “in the limelight.” However,… Read More

Read more in: Fintech, Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged aml, amld5, anti money laundering, bank for international settlements, bis, cbdc, central bank digital currencies, cft, coolbitx, counter terrorism financing, digital currencies, elsa madrolle, fatf

The EU has Fallen Behind on FATF’s Timelines, including Adopting Rules for Virtual Asset Service Providers, Elsa Madrolle from CoolBitX Claims

July 17, 2020 @ 8:59 am By Omar Faridi |

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies to combat money laundering and terrorism financing, recently concluded its year long review of its Travel Rule standards for virtual asset service providers (VASPs). The FATF confirmed that it will be extending its… Read More

Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged canada, crypto-assets, cryptocurrencies, digital assets, elsa madrolle, europe, fatf, financial action task force, money laundering, sygna, Travel Rule, uk, united kingdom, united states, us, vasps, virtual asset service providers, virtual assets, virtual currencies