Title: Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
Post by: Bitcoin on Jul 13, 2024, 06:17 pm
Post by: Bitcoin on Jul 13, 2024, 06:17 pm
Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
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 virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF […]
Source: Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF (https://news.bitcoin.com/three-quarters-of-jurisdictions-partially-or-not-compliant-with-vasp-sector-recommendation-says-fatf/)
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 virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF […]Source: Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF (https://news.bitcoin.com/three-quarters-of-jurisdictions-partially-or-not-compliant-with-vasp-sector-recommendation-says-fatf/)