FATF News

Vietnam is leveraging crypto regulation to meet FATF standards, combat digital asset fraud and rebuild its international financial reputation.

The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny.

Applying advanced tools for tracking illicit stablecoin transactions is necessary; still, it is not enough to mitigate the risks of mass adoption.

Countries that ban crypto payments often have no restrictions on using crypto abroad, but such legal overlaps may attract scrutiny from global regulators like the FATF.

Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.

The government of Pakistan is embracing cryptocurrencies following the regulatory pivot in the United States.

New European regulations mandate swift Travel Rule compliance from crypto-related businesses to combat money laundering and illicit activities.

As the FATF introduced new challenges for crypto businesses, industry leaders share insights for potential solutions.

Comisión Nacional de Valores President Roberto Silva said virtual asset service providers that are not registered “will not be able to operate“ in Argentina.

The South Korean Financial Intelligence Unit publicly announced the tightening of scrutiny over crypto exchanges in the country.

UAE’s Financial Services Regulatory Authority has updated its AML and sanctions rules with new elements related to digital assets.

The Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering and Terrorist Financing Law.

The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto.

The country emphasizes the necessity of dealing with the risks of digital assets in developing economies.

The licensed financial institutions would be required to verify the identities of all customers.