Crypto Under Fire: The G-20’s FATF Guidelines and What They Mean for Anonymity

The Global Financial Shake-Up

The recent G-20 summit in Japan has marked a pivotal moment for the cryptocurrency landscape. Twenty finance ministers and central bank governors committed to the Financial Action Task Force (FATF) guidelines, aiming to tackle the infamous dark side of crypto: money laundering, terrorist financing, and tax evasion. Sounds serious, right? Well, hold on to your digital wallets because things are about to get a lot less private.