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Ripple’s XRP Seeks Partnership for FATF Compliance


Ripple’s XRP Seeks Partnership for FATF Compliance

Ripple’s XRP and its ecosystem seek to become compliant with the recent transparency requirements by the Financial Action Task Force (FATF), reported Forbes. This may be possible through the recently announced partnership with Coinfirm, a startup dealing with regulation issues surrounding digital assets.

The FATF, an 37-country body, has issued a set of guidelines, establishing rules for entities that may be considered digital asset operators.

Coinfirm will not track individual amounts, but will …

This article appeared first on Cryptovest

Source: investing.com
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