This October, the Financial Action Task Force (FATF), the global anti-money laundering watchdog, is expected to adopt sweeping updates to its guidance on virtual assets and virtual asset service providers (VASPs). The FATF’s guidance will have a profound and widespread impact on the shape of regulation facing the crypto industry. Any business operating in the crypto space needs to understand and prepare for the likely changes ahead.
In this session, we’ll hear from leading industry experts about the impact of the anticipated changes to the FATF’s guidance, including:
-What it means for DeFi
-New requirements for VASP due diligence
-The latest developments on the Travel Rule, and how the industry is responding
Viewers will come away with an enhanced understanding of:-The role of the FATF and the practical impact of its planned updated guidance for the crypto industry-Regulatory issues and challenges related to DeFi-How businesses are responding to the challenge of the Travel Rule