G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says

G-7 Must Take Charge in Ending ‘Lawless’ Crypto Space, FATF Chief Says

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“Around the globe, countries have made progress in implementing most of the standards; however, progress on implementing FATF’s updated requirements on crypto assets has been relatively poor,” Kumar said, adding that 73% of countries are still “non-compliant or only partially compliant” with the watchdog’s standards.

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