Tag: FATF

The Turkish ruling party, the AK Party, has reportedly submitted a draft bill to parliament in a bid to update the laws governing the country's cryptocurrency market.  According to Reuters, the bill aligns with international standards and emphasizes licensing and registration for crypto service providers. It also focuses on enhancing ...

The Central Bank of the United Arab Emirates (CBUAE) has announced new guidelines on anti-money laundering and counter-terrorism financing for financial institutions involved in transactions with virtual assets, including cryptocurrencies and non-fungible tokens (NFTs). The Guidance will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT obligations, ...