The Financial Action Task Force (FATF) found the majority of jurisdictions have not yet implemented its revised standards on virtual assets and virtual asset service providers (VASPs).
Following its second 12-month review of the implementation of FATF’s revised standards it found 58 out of 128 reporting jurisdictions advised they have now implemented the revised standards, with 52 of these regulating VASPs and 6 of these prohibiting the operation of VASPs.
The ot...
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