Financial Action Task Force (FATF) released its cryptocurrency report

Anti-cash laundering file of monetary Action Job Pressure (FATF), which was revealed in March but announced that it’s going to be up to date once more for NFTs and decentralized finance, has been revealed.

From 37 nations together with Turkey The respectable 2021 report of the FATF, which used to be shaped, concerned with 6 key areas:

*Readability in the definition of digital assets VASPs
*Implementation of the factors within the FATF file on stablecoins
*Person-to-individual Offering additional steerage on getting rid of the hazards of terrorism financing and cash laundering in transactions (P2P)
*Offering up to date steering for licensing and registration of VASPs
*Applicability of the Shuttle Rule in public and personal sectors Providing additional guidance for
* Talent to proportion knowledge between VASP controllers

Main Points coming…