Coinbase and other crypto exchanges are designing a P2P system for sharing user info under FATF rules
July 20, 2020, 5:01PM EDT · 4 min read
Quick Take
- A working group including U.S. crypto exchanges is working on a joint solution for complying with Financial Action Task Force rules on sharing customer information.
- The effort is said to have been begun by Coinbase, resulting in a plan to exchange data via a peer-to-peer “bulletin board.”
- A white paper on the proposed solution will be published in the coming weeks, according to Coinbase.
An effort is underway that has brought together U.S. crypto exchanges to design a collective solution for complying with Financial Action Task Force (FATF) rules on sharing customer data.
Subscribe to The Block News+ to
Unlock this Feature

Questions?
If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.
Exchanges
Regulation