Taipei, Taiwan – Countries that fail to implement anti-money laundering guidelines for cryptocurrencies could be added to a “grey list” that includes Syria and Haiti under a global watchdog’s plans to tighten scrutiny of virtual assets.
The Financial Action Task Force (FATF) is preparing to conduct annual checks to ensure countries are enforcing anti-money laundering and terrorist financing rules on crypto providers operating in their jurisdiction, two sources with knowledge of the matter told Al Jazeera.
