Global regulators back tougher rules to prevent criminals from using crypto

New guidelines could spur more crypto firms to check their customers’ identities and report suspicious transactions to regulators
New guidelines could spur more crypto firms to check their customers’ identities and report suspicious transactions to regulators
Cryptocurrency firms could be forced to take greater steps to combat money laundering under new guidelines released on Thursday by the Financial Action Task Force, an international body that coordinates government policy on illicit finance.