According to Odaily, the Financial Action Task Force (FATF) has reported that out of 130 jurisdictions, 97 are either partially compliant or non-compliant with anti-money laundering (AML) recommendations for the virtual asset sector. In its latest update on virtual assets (VA) and virtual asset service providers (VASP), FATF noted that the proportion of non-compliant governments remains unchanged from April 2023. Many jurisdictions are struggling to implement the basic requirements of Recommendation 15. Specifically, 29% (42 out of 147 companies) have not conducted any virtual asset risk assessments. Additionally, over a quarter of respondents have yet to decide whether to regulate the VASP industry. Meanwhile, 88 jurisdictions (60%) have chosen to permit VA and VASP activities, while 14% (20 jurisdictions) have explicitly banned them.