Ripple is working with regulation technology startup Coinfirm to help make the XRP cryptocurrency more compliant with the new FATF regulations.
Ripple, the largest single owner of the XRP cryptocurrency , has signed a deal with regulation technology startup Coinfirm, to shine new light on how the third-largest cryptocurrency is being used.
“I won’t know who you are personally. We don’t do any personal data,” says Kuskowski. “We argue with FATF that this is completely sufficient, and effectively it is sufficient.” “Because you understand the profile, you don’t need the data of the sender because your internal systems are not able to process this data,” says Kuskowski. “It depends on how the FATF regulations will be rolled out in each country.”
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