CROWDFUNDINSIDER · 2026-10-31 20:19 UTC

FATF Steps Up Global Action Against Crypto-Related Crime, Scam Compounds

FATF agreed to accelerate implementation of standards on virtual assets and strengthen efforts against crypto-related fraud and scam compounds at its Paris plenary meeting. A targeted review of jurisdictions with materially important virtual asset sectors will be conducted, with findings published in June and October 2027. FATF approved a report on illicit financial flows linked to scam compounds, describing them as among the fastest-growing forms of organized crime globally.

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