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Could the FATF's geographic 'red flags' for crypto reshape the exchange landscape?
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Quick Take
- The crypto exchange world is inching closer to operating under the FATF’s “travel rule” for sharing customer information between them.
- One possible outcome: an ecosystem split along regulated and unregulated lines.
The Financial Action Task Force's new set of "geographic red flags" calls out entities in jurisdictions with lax anti-money-laundering rules.
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