Remove Best Practices Remove Interoperability Remove Travel Rule
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Can Crypto Firms Catch Up on Compliance Gaps as Regulations Evolve?

Fintech News

As crypto adoption accelerates, regulators are ramping up enforcement of the Financial Action Task Force’s (FATF) Travel Rule compliance in APAC. As a result, many have passed legislation to implement the Travel Rule for virtual asset service providers (VASPs).

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Understanding Crypto Money Laundering, and How to Get a Handle on It

Fintech News

This trend highlights how criminals are exploiting the interoperability of different blockchain networks to further obscure the trail of illicit funds. Public-private partnerships are also crucial, allowing for the exchange of information and best practices between government agencies and crypto businesses.