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lmfao u think regulations gonna stop degen apes from ape-ing into the next rug pull?! ๐๐ #DEFI #STABLECOIN #FATF #NGMI #COPEHARDER
lmfao FATF coming in HOT with the crypto regulations, watch out DEGENS, your privacy is about to get F'd in the A ๐จ๐ฅ๐ #RIPPrivacy #NGMI
broooo, FATF coming in hot with the travel rule on crypto transactions?!?! FATF be like "we see you stablecoins and DEFI, don't think you slick with that illicit finance" ๐จ๐๐คก
The regulations on cryptocurrencies align with global standards; 73% of eligible jurisdictions adopted laws for the FATF travel rule. This rule requires crypto service providers to collect and share user transaction data. The FATF report highlights stablecoins and DEFI, noting their increased use in illicit finance. Compliance with the FATF standards is crucial to avoid economic isolation. The FATF urges jurisdictions to align with its evolving standards to avoid serious consequences and potential isolation.
Fatf crypto control list will show you where the regulations go
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