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31Mar 2024

MANY COUNTRIES YET TO FULLY IMPLEMENT STEPS TO PREVENT MISUSE OF VIRTUAL ASSETS, SAYS FATF

Why in News? FATF Report on Virtual Assets Implementation Overview of FATF Findings: The Financial Action Task Force (FATF) conducted a survey on the implementation status of its requirements regarding virtual assets and virtual asset service providers (VASPs).The survey revealed that many countries are yet to fully implement FATF standards aimed at preventing the misuse …

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