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Category Financial Action Task Force (FATF)

MainNewsFinancial Action Task Force (F...
FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group

FATF Grey Listing Concern Prompts Kenya to Establish a Crypto Working Group

The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group t...
South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions

South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions

Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s finan...
Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer

Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank’s Cashless Policy — Nigerian Lawyer

Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual ass...
Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains ‘Relatively Poor’

Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains ‘Relatively Poor’

The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations es...
South Africa’s Perceived Pro-Russia Stance May Result in Secondary Sanctions Which Threaten Financial Stability — Central Bank

South Africa’s Perceived Pro-Russia Stance May Result in Secondary Sanctions Which Threaten Financial Stability — Central Bank

The South African central bank has said the that perception that the African nation has aligned itself with Russia could result in the imposition o...