G20 to Create Crypto AML Standard Till October

Еhe Financial Action Task Force on Money Laundering (FATF) will be involved to develop anti money laundering standards
23 July 2018   547

The member states of the G20 signed an agreement, according to which, before October 2018, a standard for combating money laundering (AML) in the cryptocurrency area will be developed. This is reported by CoinDesk.

It is reported that this weekend (July 21-22) was a meeting of finance ministers and heads of central banks of the G20 participating countries. During the meeting, the importance of close monitoring of the sphere of cryptocurrencies was again underlined.

To develop the AML standard, the Financial Action Task Force on Money Laundering (FATF) will be involved, which explores the possibility of applying existing anti-money laundering measures.

While crypto-assets do not at this point pose a global financial stability risk, we remain vigilant. ... We reiterate our March commitments related to the implementation of the FATF standards and we ask the FATF to clarify in October 2018 how its standards apply to crypto-assets.
 

G20 Member Countries

In mid-July, the Financial Stability Board ща G20 announced plans to implement a framework designed to assess the risks of cryptocurrency.

Waves Keeper to be Available at Chrome Web Store

Extension allows to confirm transactions online without providing confidential information to third-party resources
19 November 2018   42

The developers of the Waves blockchain platform have released the previously announced browser extension Waves Keeper to securely sign of transactions.

Team said that the extension allows to confirm transactions online without providing confidential information to third-party resources and the need to enter a private key. Also, several accounts can be used in Waves Keeper.

The major benefit is that private keys are stored securely within the extension, allowing the user to confirm transactions and engage with Waves-enabled web services and dApps without entering their private keys or passwords. This mitigates the threat from malicious websites, while making using Waves online frictionless.
 

Waves Team

The extension is already available in the Chrome Web Store. Over time, the developers have promised to release versions of Waves Keeper for Firefox and other popular browsers.