Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
![Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF](https://mycryptoaction.com/wp-content/uploads/2024/07/Three-Quarters-of-Jurisdictions-Partially-or-Not-Compliant-with-VASP-Sector-1024x576.jpg)
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 link