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FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
FATF’s crypto checklist hints at the next regulatory crackdown
1.7.2025
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny
Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
13.7.2024
Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit...
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
5.5.2024
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say several factors could hinder the implementation...
Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest
17.4.2024
Upbit has announced the suspension of processing deposits and withdrawals exceeding 1 million Korean won due to the recent suspension of Ten&Ten's Travel Rule Solution service.
The post Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest appeared...
Nigerian Central Bank Lifts February 2021 Crypto Prohibition Order
23.12.2023
The Nigerian central bank has reversed its Feb. 5 order which barred banks and financial institutions from extending their services to crypto entities. The central bank said new guidelines align with the Financial Action Task Force’s updated recommendation 15, which calls for the regulation...
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
Argentinian Regulator Says it Wants to Adopt FATF Crypto Regulations
29.6.2023
Argentina’s top financial regulator says it wants to adopt the crypto regulations set out by the Financial Action Task Force (FATF), the international money laundering and terrorist financing watchdog.
The comments came from Sebastián Negri, the President of the National Securities Commission...
Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards
26.2.2023
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard-setting body said many countries have failed to implement its previous requirements...
Japanese Government Set to Adopt FATF Crypto AML Guidelines into National Law
5.12.2022
The Japanese government is preparing to enshrine the Financial Action Task Force (FATF)’s crypto anti-money laundering (AML) guidelines into the legal code – after the country’s parliament voted in favor of the measure.
NHK reported that MPs voted for the Revised Act on Prevention of Transfer...
Updated FATF Crypto Guidelines Still ‘Predicated on Centralized Control’
21.3.2021
The Financial Action Task Force (FATF)’s recently updated guidance for supervisors overseeing the crypto industry was always bound to create waves in the sector and beyond. Regulators are continuing to gun for crypto compliance – despite claims that they may be trying to force a square peg into...
Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
24.10.2020
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply...
Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations
19.9.2020
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17,...
Gibraltar Updates Distributed Ledger Guidance to Match FATF Crypto Rules
17.9.2020
The Gibraltar Financial Services Commission has updated its guidance for virtual asset service providers to include clarity on risk management, token issuance, and more
Where FATF Crypto Compliance Gets Interesting: Africa
3.8.2020
Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards