📚    Inbound regulations from the Financial Authority Task Force agreed upon by G20 members in Dec. 2018 have the crypto industry up in arms, but little can be done. A recent meeting in Vienna between FATF and crypto industry members showed staunch opposition to the draft regulations expected to be implemented this coming June, the biggest bone being extensive KYC laws for both incoming and exiting transactions above $1,000; industry experts believe a crypto 'SWIFT' has to be developed in light of the regulations, as exchanges are forced to produce information on demand to authorities; critiques from firms like Chainalysis may change the final draft, but are unlikely to deter the entire effort - Link


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Facebook is set to begin testing its cryptocurrency this year with plans for a public rollout in 2020, reports the BBC; referred to internally as GlobalCoin, the company is expected to reveal details of the project this summer; the digital currency will underpin the firm’s Project Libra, a worldwide payments network; Facebook has sought regulatory advice from the US Treasury, and held discussions with Bank of England head Mark Carney - Link

Update: the Financial Times says Facebook has held talks with crypto exchanges Coinbase and Gemini about supporting GlobalCoin; Gemini was founded by Cameron and Tyler Winklevoss, who previously sued Mark Zuckerberg over the founding of Facebook - Link


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AT&T has tapped crypto payment service BitPay to facilitate bill payments in crypto, according to CoinDesk; although other purchases cannot be paid in crypto, AT&T VP Kevin McDorman applauded the effort saying, "We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer” - Link


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"Truly peer-to-peer" crypto retail service Coinbase Commerce has exceeded $50M in transactions, according to Coinbase's Justin O'Brien; the service launched in Feb. 2018 and recently began accepting USD Coin which The Block says could open up possibilities for ERC-20 token additions - Link


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A tag team of governmental and private organizations including the Dutch Fiscal Information and Investigation Service, Europol, McAfee, and Luxembourg authorities has shut down Bestmixer.io, one of the three largest cryptocurrency mixing services; Besmixer.io mixed Bitcoin, Bitcoin Cash, and Litecoin with officials stating that "the mixer was probably used to conceal and launder criminal flows of money" - Link


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Tokinex, the IEO platform co-sponsored by exchange Bitfinex and Ethfinex, has announced its first token project launch with Ampleforth; according to the Block, Ampleforth chose Tokinex because of the lack of listing fees and superior user base compared to other IEO platforms; Ampleforth will debut on Tokinex before moving onto Bitfinex, Ethfinex, and then other exchanges - Link


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