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Latest News and Articles about FATF

Turkey’s Crypto Crackdown: Financial Watchdog Gains Power to Freeze Accounts

Turkey’s Crypto Clampdown: Financial Watchdog Gets Power to Freeze Accounts Turkey is rolling out a hard-hitting bill that could change the game for crypto users, granting its financial watchdog, Masak, unprecedented authority to freeze and control both digital and fiat accounts. With a struggling economy and skyrocketing crypto adoption, the government is drawing a line […]

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FATF Warns: Sanctioned States Weaponize Crypto for WMD Funding with $1.5B Heist

Sanctioned States Turn Crypto Into a Weapon: FATF Warns of Explosive Surge in Illicit Financing Cryptocurrency, heralded as a bastion of financial sovereignty, is being weaponized by sanctioned states to fund weapons of mass destruction (WMD). The Financial Action Task Force (FATF), a global watchdog combating financial crime, unleashed a scathing report on June 20 […]

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