The Monetary Motion Task Force, or FATF, reported its delegates had come to an agreement on an action plan “to drive timely global implementation” of global requirements on cryptocurrencies.
In a Feb. 24 newsletter, the FATF stated the plenary for the financial watchdog — consisting of delegates from extra than 200 jurisdictions — met in Paris and came to a consensus on a roadmap aimed at strengthening “implementation of FATF Standards on digital assets and digital asset provider providers”. In line with the duty drive, in 2024 this can document on how FATF contributors appreciate moved forward on imposing the crypto requirements, which entails rules and supervision of VASPs.
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