FATF’s update of its 2019 guidance includes specific guidance on DeFi 28 October 2021

In October 2021, the Financial Action Task Force (FATF) updated its 2019 Guidance for a Risk-Based Approach for Virtual Assets and Virtual Asset Service Providers (VASPs). This updated Guidance forms part of the FATF’s ongoing monitoring of the virtual assets and VASP sector. The new guidance addresses issues identified in the FATF’s 12-month review of the revised FATF standards on virtual assets and VASPs requiring further clarification, and also reflects input from a previous public consultation.

Source: https://cointelegraph.com/news/fatf-includes-defi-in-guidance-for-crypto-service-providers 

Text of the Guidance: https://www.fatf-gafi.org/publications/fatfrecommendations/documents/guidance-rba-virtual-assets-2021.html

CH-019322 (Webpage Portal) 2021-10-28 (Published) 2021-11-04 (Updated)

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