FATF to Release New Rules for Global Crypto Sector

in #fatflast year

On June 21, The Financial Action Task Force (FATF) will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector, according to FATF spokeswoman Alexandra Wijmenga-Daniel.

This is an excerpt. The original article is:
https://cointelegraph.com/news/fatf-to-release-new-rules-for-global-crypto-sector-impacting-exchanges-funds-custodians

Here is another:
https://thenextweb.com/hardfork/2019/06/12/bitcoin-cryptocurrency-fatf-regulation/

An old report from FATF:
https://www.fatf-gafi.org/publications/methodsandtrends/documents/virtual-currency-definitions-aml-cft-risk.html

I think this information is relevant, worth to read it

P.S. I don´t care about cheeta or other clean bots.

If you think this is another shitpost I encourage you to stop reading and leave my blog.

have a nice day!

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I find it very disturbing that they try to regulate the Blockchain.

It would be regrettable if international bodies aolicize any kind of regulatory actions to crypto transactions. It would be attacking the financial freedom offered by Blockchain to users. And what represents one of its main attractions when it comes to investing.

If these regulations materialize, this would create a precedent that would later fall on all crypto-finances.

Dear @danielfs

I just visited your account to see if you published anything new only to realize that you seem to give up on Steemit? :(

Hope you're not done with this platform yet.

Yours,
Piotr

Hi @crypto.piot. I've been focusing on other things. From time to time i come here to write. I hope everything is well at home,

Regards,Daniel

It's all good, as long as you're still with us @danielfs :)

Hi @danielfs

It's me again. I really wonder if you will even read that comment since you haven't been present on Steemit lately :( I really hope you're okey.

I've been just wondering if you joined PALnet airdrop (PALnet is a token build on Steem-engine).

If you didn't claim it then perhaps I could ask you for small favour. Would you consider claiming your tokens and selling or delegating it to me for few months? I would obviously pay you some STEEM for those tokens (I can even pay for delegation - I want to invest some time and money into that platform).

How to claim your token?

a) login in http://palnet.io/ (it's build on STEEM blockchain, so you will use same login details)
b) login in steem-engine.com
c) claim your tokens -> to do that you need to open steem-engine.com and go to "wallet". In left-top corner you will have PALnet (blue colour) logo. Click on it and claim your PAL tokens.
d) go to your palnet wallet and either transfer your PAL tokens to crypto.piotr or STAKE it and delegate to me (click STAKE and then "advanced" and simply type in my username).

Amount of received tokens depend mostly on your current level of SP (I'm not sure if delegations are being taken into consideration as well).

So based on my current experience, if you have 200 STEEM POWER then you should be able to receive something around 100-150 PALnet tokens.
I would pay you 10 STEEM for purchasing each 100 of those PAL tokens. So basically you can earn something and help me grow on this particular platform, making both of us happy :)

You would earn some extra STEEM and I would have higher STAKE in this platform.

I've only 500 STEEM I can spent on that purpose (plus airdrop will not last forwer) so HURRY UP :) :)

Cheers,
Piotr

this claim is tricky. I see that i only have 0.042 PAL, that seems worthless.

Hi @danielfs

Thanks for your reply buddy.

With your amount of Steem power you will receive probably 200-300 PAL tokens once you join airdrop.

And you will see "PAL coin airdrop claim" in your wallet.

Did you manage to sign in to steem-engine.com and click on that blue PALnet logo (left-top corner) in "wallet" section?

Yours
Piotr


@danielfs, sorry to see you have less Steem Power.
Your level lowered and you are now a Red Fish!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

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Happy Birthday! - You are on the Steem blockchain for 2 years!

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