Financial Action Task Force ( FATF), global standards for crypto “Timely Implementation”in order to provide agreed on an action plan.
including observer organizations such as the United Nations (UN). 206consisting of members FATF held a general meeting. As a result of this meeting FATFTo strengthen the enforcement of corporate standards for virtual assets and virtual asset service providers, Agreed on a global crypto roadmap.
FATF Concentrates on Global Crypto Standards
Financial Action Task Force ( FATF ), held a meeting where global crypto standards were discussed. Decisions taken at this meeting, many countries, FATFasserted that it failed to implement its norms. FATF normsmore money laundering and financial crimes It includes terms such as struggle.
This meeting focused on the timely and accurate implementation of global standards for crypto. In this context, the board created an action plan to meet the requirements.
FATFAn observer who has knowledge of the meeting and its decisions, He stated that it will be published in the first half of 2024.
in the report Moreover It was stated that strong crypto regulations are necessary to curb crypto scams. In this particular report, “Responsible criminals flee undetected with large sums of money, predominantly using virtual assets”made a statement.
of FATF general board, International Monetary Fund, United Nations and Egmont Group of Financial Intelligence Unitsincluding observer organizations such as It consists of 206 members.
