2020-07-20 21:01:23

Coinbase and other crypto exchanges are designing a P2P system for sharing user info under FATF rules

Quick TakeA working group including U.S. crypto exchanges is working on a joint solution for complying with Financial Action Task Force rules on sharing customer information. The effort is said to have been begun by Coinbase, resulting in a plan to exchange data via a peer-to-peer “bulletin board.” A white paper on the proposed solution will be published in the coming weeks, according to Coinbase.

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