The Financial Action Task Force (FATF), a global AML watchdog, shook up the cryptocurrency industry in March when it published updated draft guidance for
John Jefferies, Chief Financial Analyst at CipherTrace, has held leadership positions with a variety of cyber security companies over twenty years. JJ joined CipherTrace from Samsung’s Strategy Innovation Center where he led blockchain initiatives. Previously JJ served as the GM of Abaca, which filtered six billion messages daily for Yahoo!Mail, AT&T, and iCloud. Mr. Jefferies obtained an MBA from the Ivy School of Business and a BA in Finance from Michigan State University’s Honors College.
Banks Expected to Identify Counterparties Transacting in Virtual Currencies
As more mainstream consumer and institutional investors embrace cryptocurrencies, it becomes increasingly more difficult, if not impossible, for traditional financial institutions to avoid entanglements