The Financial Action Task Force said regulation of virtual assets and virtual asset service providers continued to advance globally through 2026. According to PANews, the report said 86% of jurisdictions have completed risk assessments, 83% have enacted the Travel Rule, and the share of jurisdictions rated broadly compliant with Recommendation 15 rose to 34%.
The report said enforcement, VASP identification, offshore VASP oversight, and DeFi regulation still show clear deficiencies. It also flagged emerging risks including stablecoin abuse, peer-to-peer transactions through non-custodial wallets, offshore VASPs, DeFi, and AI-assisted scams, and called for stronger international cooperation, risk-based supervision, and public-private collaboration.
FATF Report Says Virtual Asset Regulation Has Advanced, but Gaps Remain
2026-07-20 10:43:46
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