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Qatar’s Central Bank Didn’t Properly Enforce Its Crypto Ban, Money Laundering Watchdog FATF Says

“There are major inconsistencies between Qatar’s risk profile and the type and extent of terrorist financing activity prosecuted and convicted,” added FATF, a Paris-based global watchdog, which seeks to monitor and mitigate flows of dirty money, including through a controversial “travel rule” requiring the identification of participants in crypto transactions.

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