Marty's Bent

Issue #1365: The FATF is at it again

The Financial Action Task Force is back in the news.

Marty BentMarty Bent
3 min read
Issue #1365: The FATF is at it again
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The Financial Action Task Force is back in the news. This time for spooking the Kuwaiti government away from allowing Kuwaiti citizens to use bitcoin in any capacity because the government isn't sure it would be able to meet the KYC/AML requirements set forth by FATF's guidelines. This is a great shame and a reminder that people should be up in arms that the FATF has this much influence over the policies of sovereign nations.

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