This is the HASH podcast.

Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,

with stories that matter to the crypto world, all on the hash for your ears.

You're listening to the Coin Desk podcast network. Hey there, welcome to the hash. It's Friday here on CoinDest TV,

and despite the day, we're going to get you up to speed on what's going on in the world of

crypto news, and maybe we'll have even a little bit of fun in doing it.

I'm Zach Seward, that's Jensenassie. Adam Levine is with us today. We're going to dive in.

Adam has the first story about FATIF. What's up?

First up, the financial action task force, as you said, sometimes called FATIF, which is a global

money laundering and financial crimes watchdog, has come up with a plan to drive the, quote,

timely implementation, end quote, of its global standards for crypto, a new report out this morning

shows. That report showed that the group noting that many countries have failed to implement what

they think should be international norms for crypto. This goal of one set of rules for kind of the whole

world is something that we hear about a lot from people who sit atop kind of the current monetary order and not without good reason. That said,

Jen, why don't you start us off today? Yeah, I want to zero in on this call for strong crypto

regulation. I think that word strong is so important in this story. And I think, you know,

what we've spoken about so much is it's not

necessarily strong regulation. It's regulation that understands the industry. It's regulation

that is willing to be flexible as this very new industry evolves. A piece in the article that I

thought, I shouldn't think it's funny, but I thought it was kind of funny, is that only 11 out of the 98

jurisdictions that are part of

FATIF that should be implementing the travel rule have not.

...