FATF
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As of April 2025, among the 138 jurisdictions assessed by the authoritative standard-setting body FATF in the fields of global anti-money laundering and counter-terrorist financing:
Only 1 jurisdiction is fully compliant: Bahamas
29% are basically compliant, a slight increase from 25% in 2024, including: United States, United Kingdom, Germany, Singapore
Singapore's high-profile announcement of the enforcement of DTSP compliance requirements for the cryptocurrency industry starting June 30 is for the FATF's major examination.
The bad news is: it was unexpected to have such strict policies driving people away, and Singapore still did not score high.
The good news is: except for Panama, no one scored high.
If I'm wrong, then let everyone be a little wrong too [smug][smug][smug]
"FATF Annual Major Examination: Global Cryptocurrency Regulatory Report Released"
Full text: https://mp.weixin.qq.com/s/S3LwtE3yhBkRfLmQXOxsKQ
Only 1 jurisdiction is fully compliant: Bahamas
29% are basically compliant, a slight increase from 25% in 2024, including: United States, United Kingdom, Germany, Singapore
Singapore's high-profile announcement of the enforcement of DTSP compliance requirements for the cryptocurrency industry starting June 30 is for the FATF's major examination.
The bad news is: it was unexpected to have such strict policies driving people away, and Singapore still did not score high.
The good news is: except for Panama, no one scored high.
If I'm wrong, then let everyone be a little wrong too [smug][smug][smug]
"FATF Annual Major Examination: Global Cryptocurrency Regulatory Report Released"
Full text: https://mp.weixin.qq.com/s/S3LwtE3yhBkRfLmQXOxsKQ
🌍 Hot Crypto News – Brief
🇺🇸 U.S. Passes GENIUS Act for Stablecoin Oversight
The U.S. now requires 1:1 USD backing for stablecoins like $USDT, $USDC, and monthly audits. It brings regulatory clarity for tokens like $DAI, $BTC, $ETH.
#Stablecoin #CryptoRegulation
🛡️ Crypto Thefts Cross $2.17B in 2025 (So Far)
Major hacks hit $BTC, $ETH, and $BNB users, with breaches at ByBit and India’s CoinDCX. Stay alert—use cold wallets!
#CryptoSecurity #HackAlert
🚀 Meme Coin Rally – $HULK & $OZZY Explode
After celebrity death rumors, $HULK surged 122,000% and $OZZY 16,800%. Caution: high risk like $DOGE, $SHIB, $PEPE.
#MemeCoin #HighRiskHighReward
🏦 Interactive Brokers May Launch a Stablecoin
Brokerage giant plans a new stablecoin for 24/7 crypto funding—possibly boosting adoption of $USDT, $BTC, $ETH, and boosting $IBKR stock value.
#Brokerage #CryptoFinance
🌐 FATF Calls for Global Crypto Regulation
Only 40 of 138 countries comply with FATF standards. Illicit wallets received $51B in 2024. Coins like $XMR, $BTC, $ETH, $BNB in focus.
#GlobalCompliance #CryptoLaw #FATF
🇺🇸 U.S. Passes GENIUS Act for Stablecoin Oversight
The U.S. now requires 1:1 USD backing for stablecoins like $USDT, $USDC, and monthly audits. It brings regulatory clarity for tokens like $DAI, $BTC, $ETH.
#Stablecoin #CryptoRegulation
🛡️ Crypto Thefts Cross $2.17B in 2025 (So Far)
Major hacks hit $BTC, $ETH, and $BNB users, with breaches at ByBit and India’s CoinDCX. Stay alert—use cold wallets!
#CryptoSecurity #HackAlert
🚀 Meme Coin Rally – $HULK & $OZZY Explode
After celebrity death rumors, $HULK surged 122,000% and $OZZY 16,800%. Caution: high risk like $DOGE, $SHIB, $PEPE.
#MemeCoin #HighRiskHighReward
🏦 Interactive Brokers May Launch a Stablecoin
Brokerage giant plans a new stablecoin for 24/7 crypto funding—possibly boosting adoption of $USDT, $BTC, $ETH, and boosting $IBKR stock value.
#Brokerage #CryptoFinance
🌐 FATF Calls for Global Crypto Regulation
Only 40 of 138 countries comply with FATF standards. Illicit wallets received $51B in 2024. Coins like $XMR, $BTC, $ETH, $BNB in focus.
#GlobalCompliance #CryptoLaw #FATF
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FATF Alarm: Cryptocurrency is Fueling North Korea and Iran's Weapons Programs
According to the latest report from the International Anti-Money Laundering Force (#FATF ) published in June 2025, countries under sanctions like North Korea and Iran are exploiting cryptocurrency to evade sanctions and fund illegal weapons programs.
The report specifies that North Korea alone has stolen $1.4 billion from the ByBit exchange in February, subsequently laundering the money through mixing services, non-custodial wallets, and poorly regulated exchanges. The Lazarus hacking group, notorious for cyberattacks backed by Pyongyang, continues to play a crucial role.
According to Jeremiah O'Connor (Webacy), cryptocurrency has become an ideal tool because it crosses borders, operates 24/7, requires no intermediaries, and easily exploits legal loopholes.
Chainalysis's research also found that this criminal network is linking multiple geopolitical hotspots: from North Korea's involvement in the Ukraine war, Russia-Iran cooperation in building drone factories, to Chinese fentanyl trafficking groups connecting with Mexican cartels.
⚠️ Warning: Cryptocurrency could become a global security loophole if lacking strict oversight. Investors and exchanges need to strengthen risk management to avoid inadvertently facilitating illegal capital flows! #northkorea
According to the latest report from the International Anti-Money Laundering Force (#FATF ) published in June 2025, countries under sanctions like North Korea and Iran are exploiting cryptocurrency to evade sanctions and fund illegal weapons programs.
The report specifies that North Korea alone has stolen $1.4 billion from the ByBit exchange in February, subsequently laundering the money through mixing services, non-custodial wallets, and poorly regulated exchanges. The Lazarus hacking group, notorious for cyberattacks backed by Pyongyang, continues to play a crucial role.
According to Jeremiah O'Connor (Webacy), cryptocurrency has become an ideal tool because it crosses borders, operates 24/7, requires no intermediaries, and easily exploits legal loopholes.
Chainalysis's research also found that this criminal network is linking multiple geopolitical hotspots: from North Korea's involvement in the Ukraine war, Russia-Iran cooperation in building drone factories, to Chinese fentanyl trafficking groups connecting with Mexican cartels.
⚠️ Warning: Cryptocurrency could become a global security loophole if lacking strict oversight. Investors and exchanges need to strengthen risk management to avoid inadvertently facilitating illegal capital flows! #northkorea
🧭 Crypto Regulation Pulse: Pakistan & FATF
🇵🇰 Pakistan Steps Into the Crypto Arena
Pakistan just launched a National Crypto Council under its Ministry of Finance. Members include Binance (with CZ as external advisor), and local fintech/blockchain players.
Key moves:
– 🇵🇰 BTC Reserve (national digital sovereignty plan)
– ⚡ 2 GW for Web3 infrastructure (AI, mining, data centers)
– 💼 Crypto Hub: A special economic zone modeled after DMCC Dubai
📣 Message to Emerging Markets: Crypto can be infrastructure, not just risk.
🌍 Meanwhile, the FATF Tightens the Screws
🧾 June 2025 Update: New Travel Rule guidelines now require:
– Sender & receiver info (name, address, ID) for crypto transfers > $1K
– Self-custody wallets must comply if interacting with CEXs
– Penalties include gray-listing jurisdictions
🧩 Impact:
– Privacy protocols may clash with compliance
– Countries vary: 🇸🇬/🇦🇪 more flexible than 🇺🇸/🇪🇺
– DEX UIs & bridges likely to face pressure
🏛️ Winners:
– Regulated exchanges (Coinbase, Bitstamp)
– Institutional players waiting on clarity
🎯 Bottom Line:
Pakistan is going full steam on crypto infrastructure, while FATF pushes compliance rails globally.
Projects must now choose:
🔐 Build compliance in — or go full-onchain & permissionless.
#CryptoRegulation #PakistanCryptoLegal #FATF #MarketRebound
🇵🇰 Pakistan Steps Into the Crypto Arena
Pakistan just launched a National Crypto Council under its Ministry of Finance. Members include Binance (with CZ as external advisor), and local fintech/blockchain players.
Key moves:
– 🇵🇰 BTC Reserve (national digital sovereignty plan)
– ⚡ 2 GW for Web3 infrastructure (AI, mining, data centers)
– 💼 Crypto Hub: A special economic zone modeled after DMCC Dubai
📣 Message to Emerging Markets: Crypto can be infrastructure, not just risk.
🌍 Meanwhile, the FATF Tightens the Screws
🧾 June 2025 Update: New Travel Rule guidelines now require:
– Sender & receiver info (name, address, ID) for crypto transfers > $1K
– Self-custody wallets must comply if interacting with CEXs
– Penalties include gray-listing jurisdictions
🧩 Impact:
– Privacy protocols may clash with compliance
– Countries vary: 🇸🇬/🇦🇪 more flexible than 🇺🇸/🇪🇺
– DEX UIs & bridges likely to face pressure
🏛️ Winners:
– Regulated exchanges (Coinbase, Bitstamp)
– Institutional players waiting on clarity
🎯 Bottom Line:
Pakistan is going full steam on crypto infrastructure, while FATF pushes compliance rails globally.
Projects must now choose:
🔐 Build compliance in — or go full-onchain & permissionless.
#CryptoRegulation #PakistanCryptoLegal #FATF #MarketRebound
🚨 $51B in Stolen Crypto? FATF Just Slammed the Emergency Button on the Entire Industry 😱🔒
Crypto just got a global “watch your back” warning — and it’s not from some influencer…
It’s from FATF — the watchdog group that governments actually fear.
Only 40 out of 138 countries are following the rules.
The result? A jaw-dropping $51 BILLION in dirty crypto flows in 2024.
Let that sink in.
That’s not a typo. That’s your money swimming in untracked waters. 🌊💸
💣 What’s FATF & Why They Just Exploded on Crypto
FATF = the global regulator of financial crime.
Think of them as the “Interpol of Money Laundering.”
And they’re calling out the crypto world HARD:
$1.5B stolen from Bybit (allegedly North Korea 👀)
Massive DEX loopholes
Country after country ignoring anti-crime rules
Now they’re saying: enough is enough. And when FATF speaks, banks and governments listen fast.
😨 Why This Hits YOU — Not Just Big Players
Think you’re safe because you only hold $200 in PEPE?
Think again.
Here’s what happens if your exchange or wallet isn’t FATF-compliant:
🔒 Account locked
🔒 Withdrawals frozen
🔒 Wallet flagged
🔒 Airdrops denied
🔒 Access blocked in your country
And the worst part?
You won’t even get a warning — you’ll just log in and see zero access. 💀
🧠 Degen Survival Kit: What You Should Do NOW
✅ Stick with FATF-compliant exchanges (Binance, Coinbase, etc.)
✅ Don’t use random DEXs with no KYC, especially on VPNs
✅ Don’t ignore wallet blacklists — they’re already in motion
✅ Don’t fall for “regulation is a lie” Twitter bros — they’ll get rugged first
🔍 Real Talk: This Isn’t Just a Rulebook — It’s a Warning Shot
The Bybit hack wasn’t small.
It was the biggest crypto heist in history.
And FATF just told the world: if you don’t fix it, we’ll blacklist you.
This is your early signal — not to panic, but to prepare.
🎯 Final Word
Crypto isn’t dying.
But the wild west days are.
The next bull run will be KYC-first, compliance-first, and FATF-approved.
So ask yourself:
> 💬 “Is your exchange ready… or are your bags about to be frozen solid?”
👇 Tag a friend still using shady DEXs in 2025 — and save their wallet.
#CryptoCrime #FATF #BlockchainSecurity #AML #CryptoNews #Web3Warning
It’s from FATF — the watchdog group that governments actually fear.
Only 40 out of 138 countries are following the rules.
The result? A jaw-dropping $51 BILLION in dirty crypto flows in 2024.
Let that sink in.
That’s not a typo. That’s your money swimming in untracked waters. 🌊💸
💣 What’s FATF & Why They Just Exploded on Crypto
FATF = the global regulator of financial crime.
Think of them as the “Interpol of Money Laundering.”
And they’re calling out the crypto world HARD:
$1.5B stolen from Bybit (allegedly North Korea 👀)
Massive DEX loopholes
Country after country ignoring anti-crime rules
Now they’re saying: enough is enough. And when FATF speaks, banks and governments listen fast.
😨 Why This Hits YOU — Not Just Big Players
Think you’re safe because you only hold $200 in PEPE?
Think again.
Here’s what happens if your exchange or wallet isn’t FATF-compliant:
🔒 Account locked
🔒 Withdrawals frozen
🔒 Wallet flagged
🔒 Airdrops denied
🔒 Access blocked in your country
And the worst part?
You won’t even get a warning — you’ll just log in and see zero access. 💀
🧠 Degen Survival Kit: What You Should Do NOW
✅ Stick with FATF-compliant exchanges (Binance, Coinbase, etc.)
✅ Don’t use random DEXs with no KYC, especially on VPNs
✅ Don’t ignore wallet blacklists — they’re already in motion
✅ Don’t fall for “regulation is a lie” Twitter bros — they’ll get rugged first
🔍 Real Talk: This Isn’t Just a Rulebook — It’s a Warning Shot
The Bybit hack wasn’t small.
It was the biggest crypto heist in history.
And FATF just told the world: if you don’t fix it, we’ll blacklist you.
This is your early signal — not to panic, but to prepare.
🎯 Final Word
Crypto isn’t dying.
But the wild west days are.
The next bull run will be KYC-first, compliance-first, and FATF-approved.
So ask yourself:
> 💬 “Is your exchange ready… or are your bags about to be frozen solid?”
👇 Tag a friend still using shady DEXs in 2025 — and save their wallet.
#CryptoCrime #FATF #BlockchainSecurity #AML #CryptoNews #Web3Warning
FATF Urges Global Crypto Compliance 🌐🚫
FATF says only 40 of 138 countries are "largely compliant" with AML rules.
🚨 $51B in illicit crypto flows in 2024.
🏛️ Stablecoins now top criminal preference.
#FATF #CryptoCompliance #Stablecoins
FATF says only 40 of 138 countries are "largely compliant" with AML rules.
🚨 $51B in illicit crypto flows in 2024.
🏛️ Stablecoins now top criminal preference.
#FATF #CryptoCompliance #Stablecoins
🚨 Big Crypto Wake-Up Call from FATF 🚨
The Financial Action Task Force (FATF) just dropped some serious heat on the crypto space. According to their latest report, only 40 out of 138 countries are actually doing a decent job regulating crypto properly. 😬
And get this — over $51 billion in crypto was linked to illicit activity in 2024 alone. That’s billion with a B. Most of it flowed through stablecoins, which are supposed to be the “safe” option. Instead, they’re apparently the go-to for shady stuff like terrorism financing, drug trafficking, and even North Korea doing its hacker thing.
Oh, and remember that massive $1.5B ByBit hack earlier this year? Yeah… FATF strongly hints North Korea was behind that one too. 😳
Moral of the story: regulators aren’t playing anymore. Expect stricter crypto rules, especially around stablecoins and cross-border transfers. Might be good for the long run, but the heat is definitely on.
Stay sharp out there. 🔍💸
#bitcoin #CryptoNews #FATF #CryptoRegulation #Stablecoins
The Financial Action Task Force (FATF) just dropped some serious heat on the crypto space. According to their latest report, only 40 out of 138 countries are actually doing a decent job regulating crypto properly. 😬
And get this — over $51 billion in crypto was linked to illicit activity in 2024 alone. That’s billion with a B. Most of it flowed through stablecoins, which are supposed to be the “safe” option. Instead, they’re apparently the go-to for shady stuff like terrorism financing, drug trafficking, and even North Korea doing its hacker thing.
Oh, and remember that massive $1.5B ByBit hack earlier this year? Yeah… FATF strongly hints North Korea was behind that one too. 😳
Moral of the story: regulators aren’t playing anymore. Expect stricter crypto rules, especially around stablecoins and cross-border transfers. Might be good for the long run, but the heat is definitely on.
Stay sharp out there. 🔍💸
#bitcoin #CryptoNews #FATF #CryptoRegulation #Stablecoins
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The SEC is moving to regulate the cryptocurrency market in a way that we do not know!
Anyone following the crypto market is sure to see the significant shift in the direction of the U.S. Securities and Exchange Commission (SEC) towards regulating the digital currency market, as the acting chairman, Mark Uyeda, has ceased to pursue any enforcement actions against cryptocurrency companies unless they are involved in clear fraud.
According to attorney Josh Hesse, the agency is expected to focus under the new U.S. administration on protecting retail investors and reducing fraud, rather than pursuing brokers or punishing companies for technical regulatory shortcomings.
The report mentioned that several prominent cases, such as those against Coinbase, Kraken, and Ripple, are under review and may be dropped or settled.
It is also expected that the controversial “Howey Test” will be replaced with a clearer classification system for cryptocurrencies, which could enhance innovation and provide a more transparent and stable regulatory environment.
On a global level, there are also significant updates in anti-money laundering and counter-terrorism financing guidelines from the Financial Action Task Force (FATF), along with proposed changes in capital requirements from the Dubai Financial Services Authority, which may have varying impacts on brokers and investment firms.
#crypto
#fatf #sec
Anyone following the crypto market is sure to see the significant shift in the direction of the U.S. Securities and Exchange Commission (SEC) towards regulating the digital currency market, as the acting chairman, Mark Uyeda, has ceased to pursue any enforcement actions against cryptocurrency companies unless they are involved in clear fraud.
According to attorney Josh Hesse, the agency is expected to focus under the new U.S. administration on protecting retail investors and reducing fraud, rather than pursuing brokers or punishing companies for technical regulatory shortcomings.
The report mentioned that several prominent cases, such as those against Coinbase, Kraken, and Ripple, are under review and may be dropped or settled.
It is also expected that the controversial “Howey Test” will be replaced with a clearer classification system for cryptocurrencies, which could enhance innovation and provide a more transparent and stable regulatory environment.
On a global level, there are also significant updates in anti-money laundering and counter-terrorism financing guidelines from the Financial Action Task Force (FATF), along with proposed changes in capital requirements from the Dubai Financial Services Authority, which may have varying impacts on brokers and investment firms.
#crypto
#fatf #sec
🤝🤝🇵🇰🇵🇰Pakistan Joins Hands with El Salvador for Crypto Growth🇵🇰🇵🇰🤝🤝
Pakistan and El Salvador are working together to share knowledge about cryptocurrency.
Bilal Bin Saqib from #Pakistan met with #ElSalvador ’s President Bukele to build this partnership.
Pakistan is planning to keep Bitcoin as a reserve and has set aside 2,000 megawatts of power for mining.
The Government has also created a new body called #PVARA to manage and regulate crypto in the country.
This group will give licenses and make sure all crypto rules follow global standards like those from #FATF .
#SmartTraderLali
Pakistan and El Salvador are working together to share knowledge about cryptocurrency.
Bilal Bin Saqib from #Pakistan met with #ElSalvador ’s President Bukele to build this partnership.
Pakistan is planning to keep Bitcoin as a reserve and has set aside 2,000 megawatts of power for mining.
The Government has also created a new body called #PVARA to manage and regulate crypto in the country.
This group will give licenses and make sure all crypto rules follow global standards like those from #FATF .
#SmartTraderLali
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Pakistan is About to Establish a National Crypto Council: A New Turning Point for the Market?
The Pakistani government is taking strong steps to legalize and regulate cryptocurrency by planning to establish a National Crypto Council. This could be an important turning point, creating a transparent legal framework and promoting the development of digital assets in the country.
Important Turning Point for Pakistan
According to Dawn newspaper, the government has planned to establish a National Crypto Council after a meeting between Finance Minister Muhammad Aurangzeb and digital asset advisors of U.S. President Donald Trump. This is seen as a sign that Pakistan wants to change its previous stance from a complete ban to a more flexible approach to crypto.
Important Turning Point for Pakistan
According to Dawn newspaper, the government has planned to establish a National Crypto Council after a meeting between Finance Minister Muhammad Aurangzeb and digital asset advisors of U.S. President Donald Trump. This is seen as a sign that Pakistan wants to change its previous stance from a complete ban to a more flexible approach to crypto.
🚨 BIG FED DECISION TOMORROW = MASSIVE CRYPTO IMPACT 🚨
Markets are on edge…
Whispers of a 2.5% rate cut are getting louder. 👀
If true, this could flood liquidity back in and ignite Altseason 2.0 — just like 2021. 🔁💥
Why it matters:
💣 Inflation cooling
💵 Strong dollar crushing liquidity
📉 Economy slowing fast
👉 The Fed must act, or risk a hard landing.
If they cut:
🔥 Crypto could explode
🚀 Altcoins to watch:
$SOL | $PEPE | #FATF
Be early. Be bold. The next bull run might start NOW.
#Binance #Crypto #CryptoPatience
Markets are on edge…
Whispers of a 2.5% rate cut are getting louder. 👀
If true, this could flood liquidity back in and ignite Altseason 2.0 — just like 2021. 🔁💥
Why it matters:
💣 Inflation cooling
💵 Strong dollar crushing liquidity
📉 Economy slowing fast
👉 The Fed must act, or risk a hard landing.
If they cut:
🔥 Crypto could explode
🚀 Altcoins to watch:
$SOL | $PEPE | #FATF
Be early. Be bold. The next bull run might start NOW.
#Binance #Crypto #CryptoPatience
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FATF Travel Rule: New Regulations from the EU Could Endanger Personal Security?
Bitcoin and the FATF Travel Rule
The FATF Travel Rule, initially applied to traditional finance to combat money laundering and terrorist financing, has now expanded to bitcoin transactions. However, this move is controversial as it contradicts the core principles of bitcoin regarding privacy and financial freedom.
#FATF requires virtual asset service providers (VASPs) to collect Know Your Customer (KYC) information and share data with other organizations during transactions. This forces users to provide personal information to third parties, increasing the risk of data breaches or unauthorized tracking.
The FATF Travel Rule, initially applied to traditional finance to combat money laundering and terrorist financing, has now expanded to bitcoin transactions. However, this move is controversial as it contradicts the core principles of bitcoin regarding privacy and financial freedom.
#FATF requires virtual asset service providers (VASPs) to collect Know Your Customer (KYC) information and share data with other organizations during transactions. This forces users to provide personal information to third parties, increasing the risk of data breaches or unauthorized tracking.
🧨 Short News: FATF’s Crypto Crackdown — Is This a Turning Point?
Global watchdog FATF says over $51B flowed to illegal wallets in 2024.
Out of 138 countries, only 40 meet anti-money laundering standards.
They’re especially worried about stablecoins being used for crime.
💬 Is regulation a threat to crypto freedom — or long overdue cleanup?
👇 Drop your thoughts on where this leads us next.
#CryptoRegulation #FATF #CryptoNewss #Bitcoin #BinanceSquareTalks
Global watchdog FATF says over $51B flowed to illegal wallets in 2024.
Out of 138 countries, only 40 meet anti-money laundering standards.
They’re especially worried about stablecoins being used for crime.
💬 Is regulation a threat to crypto freedom — or long overdue cleanup?
👇 Drop your thoughts on where this leads us next.
#CryptoRegulation #FATF #CryptoNewss #Bitcoin #BinanceSquareTalks
🚨 Big Crypto Wake-Up Call from FATF 🚨
The Financial Action Task Force (FATF) just dropped some serious heat on the crypto space. According to their latest report, only 40 out of 138 countries are actually doing a decent job regulating crypto properly. 😬
And get this — over $51 billion in crypto was linked to illicit activity in 2024 alone. That’s billion with a B. Most of it flowed through stablecoins, which are supposed to be the “safe” option. Instead, they’re apparently the go-to for shady stuff like terrorism financing, drug trafficking, and even North Korea doing its hacker thing.
Oh, and remember that massive $1.5B ByBit hack earlier this year? Yeah… FATF strongly hints North Korea was behind that one too. 😳
Moral of the story: regulators aren’t playing anymore. Expect stricter crypto rules, especially around stablecoins and cross-border transfers. Might be good for the long run, but the heat is definitely on.
Stay sharp out there. 🔍💸
#bitcoin #CryptoNews #FATF #CryptoRegulation #Stablecoins
The Financial Action Task Force (FATF) just dropped some serious heat on the crypto space. According to their latest report, only 40 out of 138 countries are actually doing a decent job regulating crypto properly. 😬
And get this — over $51 billion in crypto was linked to illicit activity in 2024 alone. That’s billion with a B. Most of it flowed through stablecoins, which are supposed to be the “safe” option. Instead, they’re apparently the go-to for shady stuff like terrorism financing, drug trafficking, and even North Korea doing its hacker thing.
Oh, and remember that massive $1.5B ByBit hack earlier this year? Yeah… FATF strongly hints North Korea was behind that one too. 😳
Moral of the story: regulators aren’t playing anymore. Expect stricter crypto rules, especially around stablecoins and cross-border transfers. Might be good for the long run, but the heat is definitely on.
Stay sharp out there. 🔍💸
#bitcoin #CryptoNews #FATF #CryptoRegulation #Stablecoins
Cyprus Tightens Crypto Rules
Cyprus, a crypto-friendly hub, is aligning with FATF guidelines for Bitcoin, Ethereum, and Binance Coin. Proposed 2023 amendments require all crypto service providers to register with CySEC, with fines up to €350,000 for non-compliance. $CAKE
These rules aim to combat money laundering while maintaining Cyprus’s appeal as a crypto hub. Binance complies with local KYC and AML standards, supporting Cyprus’s balanced approach to regulation and innovation. #CyprusCrypto #Bitcoin #Ethereum #BinanceCoin #FATF
$ETH
$SOL
Cyprus, a crypto-friendly hub, is aligning with FATF guidelines for Bitcoin, Ethereum, and Binance Coin. Proposed 2023 amendments require all crypto service providers to register with CySEC, with fines up to €350,000 for non-compliance. $CAKE
These rules aim to combat money laundering while maintaining Cyprus’s appeal as a crypto hub. Binance complies with local KYC and AML standards, supporting Cyprus’s balanced approach to regulation and innovation. #CyprusCrypto #Bitcoin #Ethereum #BinanceCoin #FATF
$ETH
$SOL
FATF Opens Feedback on Updated Travel‑Rule
🌍 FATF seeks industry input on updated virtual‑assets guidance
FATF is consulting updated crypto‑asset recommendations—especially the travel‑rule—review expected by June
Universal compliance may ease cross‑border transfers—but will demand data sharing.
Exchanges, prepare for tighter KYC/transaction record standards.
#FATF #AML #TravelRule #Salma6422
🌍 FATF seeks industry input on updated virtual‑assets guidance
FATF is consulting updated crypto‑asset recommendations—especially the travel‑rule—review expected by June
Universal compliance may ease cross‑border transfers—but will demand data sharing.
Exchanges, prepare for tighter KYC/transaction record standards.
#FATF #AML #TravelRule #Salma6422
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