International AML Task Force to Close “Gaps” Created by Virtual Currencies

The Financial Action Task Force (FATF), an intergovernmental organization founded in 1989 on the initiative of the G7 to combat anti-money laundering (AML), may be about to agree with a set of standards to apply to virtual currencies.
President Marshall Billingslea is optimistic that the discussions scheduled for October will result in a revised AML methodology.
Cryptocurrencies Force Governments to Revise Anti-Money Laundering Standards
Significant progress has been made in past weeks as t