Nano
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NANO · 5w

Virtual Assets - Imminent Global Cryptocurrency Regulation

Has anyone been following the FATF proposal regarding the global regulation of virtual assets? Defi / Smart Contracts / ICO's / Decentralised exchanges / Privacy coins / Second layers might be in serious trouble. It seems on initial glance Nano might be well positioned and mostly out of scope. I have attached the following links so people can get up speed on these developments. [https://www.reddit.com/r/Bitcoin/comments/o5lhmu/governments\_planning\_a\_global\_coordinated\_attack/](https://www.reddit.com/r/Bitcoin/comments/o5lhmu/governments_planning_a_global_coordinated_attack/) [FATF's New Guidance Takes Aim at DeFi - CoinDesk](https://www.coindesk.com/fatfs-new-guidance) [https://www.fatf-gafi.org/media/fatf/documents/recommendations/March%202021%20-%20VA%20Guidance%20update%20-%20Sixth%20draft%20-%20Public%20consultation.pdf](https://www.fatf-gafi.org/media/fatf/documents/recommendations/March%202021%20-%20VA%20Guidance%20update%20-%20Sixth%20draft%20-%20Public%20consultation.pdf) [https://decentralizedlegalsystem.com/wp-content/uploads/2021/06/FATF-Global-Crypto-Regulations-Summary-June-2021.pdf](https://decentralizedlegalsystem.com/wp-content/uploads/2021/06/FATF-Global-Crypto-Regulations-Summary-June-2021.pdf)
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