FATF
- Policies & Regulations
Less Than 30% of Jurisdictions Regulate Cryptocurrency, FATF Calls for Action
In an interview with CoinDesk from Singapore, Financial Action Task Force (FATF) President T. Raja Kumar revealed a concerning statistic:…
Read More » - MENA News
UAE Successfully Completes FATF Action Plan, Exiting Enhanced Monitoring
The Central Bank of the UAE (CBUAE) has recently announced the culmination of the UAE’s fulfillment of the Financial Action…
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FATF February 2024 Meeting: Leveraging Digital Transformation to Tackle AML/CFT Risks in Virtual Assets
In February 2024, the Financial Action Task Force (FATF) convened its Plenary meeting, a crucial forum where global leaders in…
Read More » - MENA News
Awaiting the Outcome of the FATF Meeting: UAE Nears Exit from Grey List
It is now expected that the Financial Action Task Force (FATF) will announce, at the end of its annual meeting,…
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The UAE to Emerge as Global Fintech Hub, Insights from KARM Legal Show
The United Arab Emirates (UAE) is rapidly emerging as a global hub for Fintech, buoyed by an innovative regulatory framework…
Read More » - MENA News
VARA Turns Dubai Into Premier Hub for Safe Virtual Transactions
In 2023, the virtual assets landscape faced considerable volatility, yet it proved to be a testament to the significance of…
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Turkey Unveils Final Stages of Crypto Regulations, as CBDC Pilots Enter Second Phase
In a recent interview with the Anadolu Agency on January 10, Turkish Minister of Treasury and Finance, Mehmet Şimşek, provided…
Read More » - MENA News
UAE’s NAMLCFTC Issues Guidelines to Tackle Unlicensed Virtual Asset Service Providers
The Central Bank of the United Arab Emirates, through the National Anti-Money Laundering and Combating Financing of Terrorism and Financing…
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Turkey Takes Crypto Regulation Steps to Exit FATF Grey List
Turkey is taking significant steps to enhance its anti-money laundering regulations related to crypto assets in a bid to remove…
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Cyprus Enhances Crypto Regulatory Framework to Align with FATF Guidelines
Cyprus, known for its crypto-friendly stance in Europe, is considering tightening its regulations within the industry. In fact, the Ministry…
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