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.
Source: https://www.coindesk.com/policy/2023/06/23/three-quarters-of-jurisdictions-not-complying-with-global-crypto-laundering-norms-fatf-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines