Regulations for cryptocurrency exchanges / Weekly ADK Vol. 62 March 11-17 2019

in #crypto5 years ago

[Questioner]
Read this article...

☆35 Countries Urged To Regulate Cryptocurrency Exchanges Like Commercial Banks
https://cryptonews.watch/35-countries-urged-to-regulate-cryptocurrency-exchanges-like-commercial-banks/

I think that cryptocurrency exchanges could be put under the FATF regulation like commercial banks.

  1. Is AidosMarket registered in a FATF member country?
  2. Do you think that anonymous transfer may be prohibited?

[Ricardo]
First of all, AidosMarket doesn't deal legal currency, so there is no problem.
Even if we are going to deal legal currency in the future, it will not matter because we plan to register in Kenya. (※ Kenya is not a member of FATF)
[Yusui]
Since Aidosmarket is planned just to connect with the exchange function of online bank, so it does not matter!

*Reference

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ADK WhitePaper
https://github.com/AidosKuneen/whitepaper/releases/download/v0.03/adk_whitepaper.pdf
(English Version)
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