A recent report found that most countries are only partially compliant with FATF recommendations for regulating virtual assets.

- 58% of countries have introduced different levels of regulation for VASP

- Only 42% have fully implemented the FATF "travel rule"

- Serious shortcomings remain in VASP supervision and monitoring

It is easier for developed countries, but more difficult for developing countries. International cooperation and information sharing remain key to the security of the crypto ecosystem. 🌍