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An intergovernmental group that grades efforts by nations to combat money laundering and terrorist funding through banks and other traditional financial institutions plans to revise its standards to more clearly cover cryptocurrency firms as well. In June, the Financial Action Task Force began assessing whether the existing standards with which nations must comply to avoid censure adequately encompass entities that exchange or otherwise deal in Bitcoin and other cryptocurrency protocols, the group disclosed in a report to G-20 finance ministers and central bank governors Wednesday. “There is an immediate need to clarify how the FATF definitions and recommendations concerning customer...