FATF

G20 backs clearer crypto rules, calls digital assets a growth tool

Finance ministers and central bank governors from the Group of 20 agreed to work toward clearer regulatory frameworks for digital assets, with stablecoins and cross-border payments at the center of the discussion, according to a chair's statement released Sept. 1…

FATF warns criminal groups are building stablecoins to evade seizure

The Financial Action Task Force on Thursday released its seventh targeted update on virtual assets, warning that organized crime groups are moving billions in illicit proceeds through crypto and that some criminal networks have begun developing their own stablecoins engineered…