@blaze11sorcerer
The Financial Action Task Force (FATF) recently updated its cryptocurrency regulatory guidelines in July 2024, emphasizing stricter anti-money laundering (AML) and counter-terrorism financing (CFT) measures for virtual assets (VAs) and service providers (VASPs). As of March 11, 2025, this impacts the global crypto market by pushing jurisdictions to align with FATF’s standards, like the Travel Rule, requiring originator and beneficiary data for transactions. Only 25% of jurisdictions fully comply, per FATF’s fifth update, potentially increasing market fragmentation and volatility short-term as non-compliant regions face isolation risks.
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