Wells Fargo Joins Elliptic's Series B Investment Round | Cointelegraph
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Wells Fargo invests in crypto compliance firm Elliptic
Global focus on money laundering
The past year has seen many governments around the globe made significant moves to fight money laundering.
In June, the Financial Action Task Force (FATF) issued a global regulatory framework that included directives for crypto assets. It focused on their assumed money laundering risk, mandating heightened identity checks — among other things.
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