G20 Countries Start Implementing Unified Crypto Standards

News feeds from various cryptocurrency informational sources.

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labie
Active User
Posts: 126
Joined: Thu May 23, 2019 5:47 am

Sun Jul 07, 2019 8:12 pm

If you’re a expert system administrator and want to use an init script instead, see the init scripts directory in Bitcoin Core’s source tree.
News wrote:
Wed May 29, 2019 4:32 am
The G20 countries have reaffirmed their support for the Financial Action Task Force (FATF) as the global standard-setting body in areas such as anti-money laundering. They have also agreed to follow the FATF recommendations including those concerning crypto assets.

The FATF held its annual Private Sector Consultative Forum in Austria earlier this month with its members and over 300 representatives from the private sector participating. Members of the FATF are 36 countries and two international organizations including the European Commission. The FATF explained:
The discussions focused on the mapping of virtual asset services and business models … and on the implementation of specific FATF recommendations.
In its April report to the G20, the FATF outlined its work on crypto asset standards and promised to update its guidance “to continue assisting jurisdictions and the private sector, in implementing a risk-based approach to regulating virtual asset service providers, including their supervision and monitoring,” the report describes. “This will help countries in exercising oversight of this sector.” While emphasizing various risks such as money laundering, the FATF also recognized:
Technological innovations, including those underlying virtual assets … may deliver significant benefits to the financial system and the broader economy.
wonai
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Posts: 122
Joined: Thu May 23, 2019 5:48 am

Sun Jul 07, 2019 9:25 pm

You should verify these keys belong to their owners using the web of trust or other trustworthy means.
News wrote:
Wed May 29, 2019 4:32 am
The G20 countries have reaffirmed their support for the Financial Action Task Force (FATF) as the global standard-setting body in areas such as anti-money laundering. They have also agreed to follow the FATF recommendations including those concerning crypto assets.

The FATF held its annual Private Sector Consultative Forum in Austria earlier this month with its members and over 300 representatives from the private sector participating. Members of the FATF are 36 countries and two international organizations including the European Commission. The FATF explained:
The discussions focused on the mapping of virtual asset services and business models … and on the implementation of specific FATF recommendations.
In its April report to the G20, the FATF outlined its work on crypto asset standards and promised to update its guidance “to continue assisting jurisdictions and the private sector, in implementing a risk-based approach to regulating virtual asset service providers, including their supervision and monitoring,” the report describes. “This will help countries in exercising oversight of this sector.” While emphasizing various risks such as money laundering, the FATF also recognized:
Technological innovations, including those underlying virtual assets … may deliver significant benefits to the financial system and the broader economy.
alayemi
Active User
Posts: 144
Joined: Thu May 23, 2019 5:44 am

Mon Jul 08, 2019 6:20 am

Note: it may take up to several minutes for Bitcoin Core to start, during which it will display the following message whenever you use bitcoin-cli:

error: {"code":-28,"message":"Verifying blocks..."}
News wrote:
Wed May 29, 2019 4:32 am
The G20 countries have reaffirmed their support for the Financial Action Task Force (FATF) as the global standard-setting body in areas such as anti-money laundering. They have also agreed to follow the FATF recommendations including those concerning crypto assets.

The FATF held its annual Private Sector Consultative Forum in Austria earlier this month with its members and over 300 representatives from the private sector participating. Members of the FATF are 36 countries and two international organizations including the European Commission. The FATF explained:
The discussions focused on the mapping of virtual asset services and business models … and on the implementation of specific FATF recommendations.
In its April report to the G20, the FATF outlined its work on crypto asset standards and promised to update its guidance “to continue assisting jurisdictions and the private sector, in implementing a risk-based approach to regulating virtual asset service providers, including their supervision and monitoring,” the report describes. “This will help countries in exercising oversight of this sector.” While emphasizing various risks such as money laundering, the FATF also recognized:
Technological innovations, including those underlying virtual assets … may deliver significant benefits to the financial system and the broader economy.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Mon Jul 08, 2019 7:36 am

Optional: Start Your Node At Boot

Starting your node automatically each time your computer boots makes it easy for you to contribute to the network.
News wrote:
Wed May 29, 2019 4:32 am
The G20 countries have reaffirmed their support for the Financial Action Task Force (FATF) as the global standard-setting body in areas such as anti-money laundering. They have also agreed to follow the FATF recommendations including those concerning crypto assets.

The FATF held its annual Private Sector Consultative Forum in Austria earlier this month with its members and over 300 representatives from the private sector participating. Members of the FATF are 36 countries and two international organizations including the European Commission. The FATF explained:
The discussions focused on the mapping of virtual asset services and business models … and on the implementation of specific FATF recommendations.
In its April report to the G20, the FATF outlined its work on crypto asset standards and promised to update its guidance “to continue assisting jurisdictions and the private sector, in implementing a risk-based approach to regulating virtual asset service providers, including their supervision and monitoring,” the report describes. “This will help countries in exercising oversight of this sector.” While emphasizing various risks such as money laundering, the FATF also recognized:
Technological innovations, including those underlying virtual assets … may deliver significant benefits to the financial system and the broader economy.
wonai
Active User
Posts: 122
Joined: Thu May 23, 2019 5:48 am

Mon Jul 08, 2019 12:01 pm

If you want to use the Bitcoin Core daemon (bitcoind), which is useful for programmers and advanced users, proceed to the Bitcoin Core Daemon section below.
News wrote:
Wed May 29, 2019 4:32 am
The G20 countries have reaffirmed their support for the Financial Action Task Force (FATF) as the global standard-setting body in areas such as anti-money laundering. They have also agreed to follow the FATF recommendations including those concerning crypto assets.

The FATF held its annual Private Sector Consultative Forum in Austria earlier this month with its members and over 300 representatives from the private sector participating. Members of the FATF are 36 countries and two international organizations including the European Commission. The FATF explained:
The discussions focused on the mapping of virtual asset services and business models … and on the implementation of specific FATF recommendations.
In its April report to the G20, the FATF outlined its work on crypto asset standards and promised to update its guidance “to continue assisting jurisdictions and the private sector, in implementing a risk-based approach to regulating virtual asset service providers, including their supervision and monitoring,” the report describes. “This will help countries in exercising oversight of this sector.” While emphasizing various risks such as money laundering, the FATF also recognized:
Technological innovations, including those underlying virtual assets … may deliver significant benefits to the financial system and the broader economy.
wonai
Active User
Posts: 122
Joined: Thu May 23, 2019 5:48 am

Tue Jul 09, 2019 8:19 pm

Warning: to prevent data corruption, do not force shutdown of your computer from the Windows shutdown screen when you have Bitcoin Core running.
wonai
Active User
Posts: 122
Joined: Thu May 23, 2019 5:48 am

Wed Jul 10, 2019 7:30 am

For confirmation, you can go to the Help menu, choose Debug Window, and open the Information tab. In the Network section, it will tell you exactly how many inbound connections you have. If the number is greater than zero, then inbound connections are allowed.
alayemi
Active User
Posts: 144
Joined: Thu May 23, 2019 5:44 am

Wed Jul 10, 2019 8:02 am

If Bitcoin Core can’t automatically configure your router to open port 8333, you will need to manually configure your router.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Wed Jul 10, 2019 9:09 am

Linux: open a terminal and type ifconfig. Find the result that best matches your connection—a result starting with wlan indicates a wireless connection. Find the field that starts with HWaddr and copy the immediately following field that looks like 01:23:45:67:89:ab. Use that value in the instructions below.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Wed Jul 10, 2019 9:20 am

Once you have the MAC address, you can fill it into to your router’s manual DHCP assignment table, as illustrated below. Also choose an IP address and make a note of it for the instructions in the next subsection. After entering this information, click the Add or Save button.
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