Thursday, November 21, 2024
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G-7 Countries Must Effectively Implement Travel Rule to End ‘Lawless’ Crypto Space, FATF Chief Says

"Around the globe, countries have made progress in implementing most of the standards; however, progress on implementing FATF’s updated requirements on crypto assets has been relatively poor," Kumar said, adding that 73% of countries are still "non-compliant or only partially compliant" with the watchdog's standards. Source

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