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FATF Warns On Crypto Crime 🌐

📌 What’s happening:

The FATF has raised alarms: only 40 of 138 nations are “largely compliant” on crypto crime controls.

Illicit addresses handled $51 billion in 2024, and North Korea-linked hacks have topped $1.5 billion .

📈 Why it matters:

Regulatory gaps anywhere can impact crypto everywhere. This could prompt tighter global AML rules and more oversight for exchanges.

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💬 Community Poll:

Should exchanges mandate insurance & hot‐wallet audits now?

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