Argentina rushes to regulate digital assets as FATF evaluation looms
Reports say that President Milei will issue an emergency decree to bring all ‘crypto’ activity under regulatory oversight before FATF’s visit in March.
Reports say that President Milei will issue an emergency decree to bring all ‘crypto’ activity under regulatory oversight before FATF’s visit in March.
Kenya joins neighbors Tanzania and Sudan and regional heavyweights South Africa and Nigeria on the grey list, with digital assets among the FATF’s concerns.
As one of the world’s largest digital asset hubs, Turkey is focused on licensing and taxing digital asset operations to comply with Financial Action Task Force.
To combat illicit digital asset use, the United Arab Emirates released new guidelines that would help strengthen the region's financial system integrity, with an emphasis on compliance and heightened vigilance.
The lack of a dedicated legal regime for digital assets in Turkey has been cited by the Financial Action Task Force as the last remaining area of non-compliance for the country.
Tether released its Q3 reserves attestation on Halloween and emphasized in its report was the fiscal reality that Tether ‘asserted’ on September 30.
The digital currency transaction ban is the government’s latest attempt to crack down on money laundering rings operating in Kuwait.
The Financial Action Task Force urged member states to promptly implement its virtual asset and virtual asset service provider guidance, including implementing the money transfer "Travel Rule."
Qatar is in danger of being put under Financial Action Task Force’s grey list after the global regulator called out the country for its lax handling of AML violations despite developments in its digital asset space.
Aiming to align with global AML standards, Japan is pushing for enhanced digital asset regulation in hopes that the move would help avoid the recurrence of large-scale collapses in the industry.
Part of the conditions set by the Financial Action Task Force to remove Pakistan from its “grey list” was the ban on digital currencies, according to Minister of State for Finance and Revenue Dr. Aisha Ghaus Pasha.
Kim Nam-kuk, an opposition member of the South Korean National Assembly, is under investigation in connection with allegedly liquidating KRW 6 billion worth of digital currencies.