Kuwait and Papua New Guinea have been placed under FATF's increased monitoring, while Iran, DPRK and Myanmar continue on the high-risk list requiring enhanced due diligence ...

A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of money laundering, sanctions evasion and other illicit financial activity.

The intergovernmental Financial Action Task Force (FATF) in October removed South Africa, Nigeria, Mozambique, and Burkina Faso from its “Jurisdictions under Increased Monitoring” list, commonly known ...

The Financial Action Task Force has warned that crypto platforms operating offshore are creating blind spots for regulators that allow criminals to exploit gaps in global oversight to move illicit ...

Add Yahoo as a preferred source to see more of our stories on Google. A flag with the FATF logo is seen next to the German flag during a meeting of the task force at the Congress Center in Berlin, ...

The Financial Action Task Force wants issuers to embed freeze and deny-list controls directly into smart contracts.

FATF warns that offshore crypto providers increase risks of fraud, money laundering, and terror financing, urging stronger global rules and better supervision of virtual asset services.

The Financial Action Task Force (FATF) released a sharply focused new analysis spotlighting how criminals are increasingly turning to stablecoins.

The FATF says regulators should assess risks tied to stablecoin P2P transactions and consider stronger oversight of issuers and related entities.

The Financial Action Task Force (FATF) has updated its listings of jurisdictions under increased monitoring (the “grey list”) and high-risk jurisdictions subject to a call for action (the “black list” ...

India is working to create an indigenous Virtual Asset Lab for detection of unregistered, high-risk offshore virtual asset ...