FATF Chief Reveals Global Crypto Regulation Progress

Thursday, 28 March 2024, 09:24

Less than 30% of jurisdictions worldwide have initiated regulation of the crypto sector, according to FATF President T. Raja Kumar. This highlights the slow pace of global regulatory efforts in the cryptocurrency space, impacting market dynamics and investor confidence.

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Fewer Than 30% of Jurisdictions Regulate Crypto

Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Fewer Than 30% of Jurisdictions Regulate Crypto

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