FATF pushes VASP regulation on rise in criminal use of virtual assets

The Financial Action Task Force (FATF) has called on governments to redouble efforts to boost their regulatory controls over virtual assets and currencies, given the increasing crime risks associated with these financial technologies.

By Keith Nuthall

The Financial Action Task Force (FATF) has called on governments to redouble efforts to boost their regulatory controls over virtual assets and currencies, given the increasing crime risks associated with these financial technologies.