#fatf2 articles

2 articles

CryptoBearishThe Block · 1h ago0

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FATF flags AML risks from peer-to-peer stablecoin transfers, points to freeze and deny-list safeguards

The Financial Action Task Force (FATF) has identified anti-money laundering (AML) risks associated with peer-to-peer stablecoin transfers. The organization suggests implementing freeze and deny-list controls as potential safeguards to mitigate these regulatory concerns.

CryptoBearishCoinTelegraph · 3h ago1

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FATF warns stablecoins are becoming go-to tool for sanctions evasion

The Financial Action Task Force (FATF) warns that stablecoins are increasingly being used to evade international sanctions through peer-to-peer transfers via self-custody wallets. The international watchdog highlights that these transactions can bypass anti-money laundering checks and calls on countries to assess risks and implement appropriate safeguards.