In this episode, Dave reviews the brand-new Financial Action Task Force (FATF) standards with Amsterdam-based regulative expert Simon Lelieveldt, that says that these standards have actually gone method also much and also are out of proportion, uneconomic and also practically unhealthy. At the essence of this subject is the distinction in between exactly how Facebook’s Libra will certainly approve policy versus advocacy for on the internet personal privacy by several in the Bitcoin area.

Resources:

News:

Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges

G20 Supports FATF Crypto Recommendations

CipherTrace, Shyft Unveil ID Protecting Solution to FATF Crypto Guidance‚& sbquo;-LRB- ***************************)

Simon Lelieveldt Interview:

FATF and EU need to fundamentally rethink their approach to virtual assets/currencies…

Simon’s outspoken argument over Twitter

Facebook Obtained Its E-money License(2016)‚& sbquo;-LRB- ***************************)

Twitter:

Simon Lelieveldt

Dave

Grahm

Bitcoin Magazine

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