On June 26, the Financial Action Task Force (FATF) published updated directives that called higher global action to combat illegal financial risks in virtual assets. The Watchdog based in Paris has called on countries to ensure the global implementation of anti-Déalais money laundering (LMA) and counter-terrorist financing (CFT) in virtual assets.
FATF report for stricter cryptography regulations
The FATF said that if certain progress has been made since 2024 in the regulation of virtual assets, many jurisdictions must still fight risks as cryptographic scams. As part of its sixth targeted update, the agency highlights the need for license and registration, as many jurisdictions have reported challenges to mitigate the risks of offshore virtual asset service providers (VASP).
As 99 jurisdictions have been adopted or in the process of implementing travel rules, the FATF has published a report on the supervision of travel rules to ensure the transparency of cross -border payments.
“To help the global implementation of the travel rule, the FATF has also published best practices on the supervision of travel rules today. This report provides examples of good practices that jurisdictions may consider when developing their supervision frameworks,” said FATF.
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What triggered him?
In 2025, only 40 of the 138 jurisdictions evaluated were largely in line with the Cryptographic Standards of the FATF, while the countries continue to find it difficult to identify the entity behind the cryptographic transactions. States of Fatf,
“With virtual assets intrinsically without border, regulatory failures in a jurisdiction can have global consequences.”
This FATF report is a response to increasing concerns about illicit risk in the financial field linked to crypto. While cryptographic hacks jumped in 2025, reaching more than 2.47 billion dollars, the gaff seems to lay the foundations for safety and transparency measures in cryptographic transactions.
Crypto Volons in 2025
As crypto flights arose from 2024 –
- A North Korean criminal gang stole $ 1.46 billion in Vasp Bybit (in 2025), without too much recovery.
- 51 billion additional dollars were stolen in illegal chain activity in 2024
These flights prompted the regulator to urge the stricter regulations and action for transactions and cryptographic standards for the basins.
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Faq
The FATF (Financial Action Task Force) is an intergovernmental organization that establishes global standards to combat money laundering and terrorist funding.
The increase in cryptographic hacks and low compliance have pushed the FATF to urge a higher AML / CFT world action for digital assets.
Only 40 of the 138 countries evaluated are mainly in accordance with the rules of virtual assets of the FATF in 2025.
