Auto Added by WPeMatico

Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF

The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information.

Continue ReadingHalf of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF

Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no…

Continue ReadingDigital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing