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Three-Quarters of Jurisdictions Partially or Not Compliant With VASP Sector Recommendation, Says FATF

July 26, 2024
in DeFi
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Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATFThree-quarters of the jurisdictions surveyed by the Monetary Motion Activity Pressure (FATF) “are solely partially or not compliant” with the anti-money laundering advice for the digital belongings sector. In keeping with the newest FATF replace, 60% (88 jurisdictions) have determined to allow digital asset service suppliers (VASPs), whereas 14% (20 jurisdictions) explicitly prohibit them. The FATF […]

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Tags: Compliantcryptocurrenciesdecentralized financeFATFFATF crypto standardsFATF recommendation 15JurisdictionsPartiallyRecommendationSectorStablecoinsThreeQuartersTravel RuleVASPVASPsvirtual assets
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