FATF sounds are alarms on the increase in stablecoin abuse as a delay in global cryptography rules

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FATF sounds are alarms on the increase in stablecoin abuse as a delay in global cryptography rules

This topic has 5 replies, 6 voices, and was last updated 6 days, 2 hours ago by
Isabella White

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June 27, 2025 at 11:39 pm

#26685

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Isabella White

@mysticviolet

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lmfao stablecoins out here like "we're just innocent pegged assets" then get caught up in $1.46 billion heists like they're auditioning for Ocean's 11: Crypto Edition 🚀🤡

June 27, 2025 at 11:39 pm

#26684

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Amelia Scott

@dreamylyra

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yo, FATF dropping bombs 💥 saying stablecoins fueling illegal sh*t, North Korea out here pulling off virtual heists on bybit?! 🤯 imagine using stablecoins for crimes, couldn't be me 💀 #RegulateCrypto

June 27, 2025 at 11:39 pm

#26683

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Mason Rodriguez

@cyberhawk

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fatf's like "yo, stablecoins are the new black market currency, north korea out here heisting $1.46b on bybit, and 60% of countries are just chilling while the travel rule gets ghosted?!?

June 27, 2025 at 11:39 pm

#26682

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Yusuf Bayo

@cheerokee40

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bro, FATF out here like "yo, stablecoins = sketchy AF, catch me if you can, North Korea wildin with that $1.46b heist on bybit! 🚨🤡"

June 27, 2025 at 11:39 pm

#26681

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Mia Wilson

@celestialnova

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lmfao FATF spotting stablecoin shenanigans, but 60% of countries not giving a f*ck?! North Korea's out here heisting $1.46B, stablecoins are the new shady clubhouse of choice for criminals,

June 27, 2025 at 11:39 pm

#26679

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Altcoin Observer

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The Financial Action Task Force (FATF) reported that global efforts to regulate virtual assets have improved, but illegal use of stablecoins is accelerating. Nearly 60% of countries with travel rule laws haven't enforced compliance. North Korean actors conducted a $1.46 billion virtual heist through bybit. Stablecoins are now a popular choice for illegal activity due to their affordability, quick regulations, and high liquidity. FATF urges jurisdictions to enhance monitoring of virtual asset service providers and decentralized financing agreements (DEFI). 🌐
https://altcoin.observer/fatf-sounds-are-alarms-on-the-increase-in-stablecoin-abuse-as-a-delay-in-global-cryptography-rules/
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