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2026-09-13 11:53:56 UTC

bitcoinpolicyuk on Nostr: The UK now chairs FATF (Financial Action Task Force, the body setting global ...

The UK now chairs FATF (Financial Action Task Force, the body setting global anti-money laundering standards), with fraud as its two-year priority. 

The plan means more data sharing across exchanges, banks and telecoms. 

On Bitcoin's public ledger that's not the same trade-off as with hidden bank records: link an identity to an address once and it can be traced for good. 

Self-custody helps, but it isn't a full shield once KYC has already tagged a wallet.

Read the full article:

https://bitcoinpolicy.uk/blog-1/f/fatf’s-fraud-roadmap-expands-data-risks-and-global-surveillance