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Russia’s Digital Currency Measures Fail to Satisfy FATF, Blacklist Possible

[Oct 17 8:30 AM] Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF)…

Bybit receives VASP, card operator registration in Argentina

[Aug 16 5:39 PM] Bybit’s registration as a virtual asset service provider was made possible by a law passed in July.

Turkey Prepares New Crypto Law to Align With International Standards

[May 12 4:14 PM] Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the…

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

[Mar 28 3:24 AM] Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.

Russia’s FATF Rating Downgraded Over Crypto Regulation Shortfalls

[Mar 1 3:00 PM] The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the…

Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation

[Nov 8, 2023 6:34 PM] Gemini will be restricting its UK users to sending only to 58 virtual asset service providers that are registered under the Travel Rule starting Nov. 17. A Trezor analyst argues the measures will go against the principles of Bitcoin and financial…

UK's Travel Rule comes into effect, could halt certain crypto transfers

[Aug 31, 2023 6:37 PM] The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain.

Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban

[Jul 20, 2023 3:30 PM] In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized…

Crypto travel rule implementation ‘remains relatively poor,’ says FATF

[Jun 25, 2023 6:56 PM] The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation.

Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says

[Jun 1, 2023 8:50 AM] The central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force

Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards

[Feb 25, 2023 7:00 PM] The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard-setting body said many countries…