FATF raises concern over underregulated crypto industry, with only 30% compliance to its guidelines.
FATF raises concern over underregulated crypto industry, with only 30% of jurisdictions implementing its guidelines. FATF President T. Raja Kumar emphasizes the need for comprehensive crypto regulation to address financial system integrity risks and illicit activities. Regulatory authorities should prioritize clear, comprehensive rules to protect investors and support the crypto market's growth and stability.
March 28, 2024
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