Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says

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Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says
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A forthcoming report from FATF will urge jurisdictions to close loopholes, focusing on emerging risks from decentralized finance and peer-to-peer transactions that don’t use a regulated intermediary such as a wallet provider, the statement said. Raja Kumar added that early next year FATF will publicly name those countries that didn’t yet regulate, in a bid to encourage them to act.

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