FATF is coming for crypto hubs hard 🎯
They're launching targeted reviews on jurisdictions with heavy VASP activity - basically auditing countries where crypto exchanges and service providers operate at scale.
This isn't random. They're looking for AML/KYC enforcement gaps and will pressure governments to tighten the screws on Travel Rule compliance.
What this means:
- Expect more KYC friction on CEXs in "grey zone" jurisdictions
- Smaller offshore VASPs might get squeezed out or forced to relocate
- Regulatory arbitrage windows are closing fast
If you're still using sketchy platforms in unregulated markets, the clock is ticking. FATF reviews historically lead to blacklists, sanctions, and banking restrictions.
Stay compliant or stay liquid. Your call.
They're launching targeted reviews on jurisdictions with heavy VASP activity - basically auditing countries where crypto exchanges and service providers operate at scale.
This isn't random. They're looking for AML/KYC enforcement gaps and will pressure governments to tighten the screws on Travel Rule compliance.
What this means:
- Expect more KYC friction on CEXs in "grey zone" jurisdictions
- Smaller offshore VASPs might get squeezed out or forced to relocate
- Regulatory arbitrage windows are closing fast
If you're still using sketchy platforms in unregulated markets, the clock is ticking. FATF reviews historically lead to blacklists, sanctions, and banking restrictions.
Stay compliant or stay liquid. Your call.
