Odaily Planet Daily News Financial Action Task Force (FATF) Chairman T. Raja Kumar said that according to a report, as of June 2023, less than 30% of jurisdictions around the world have begun to regulate cryptocurrencies. The report explores which jurisdictions are complying with FATF recommendations, saying countries need to take the issue seriously and calling for action. The report noted that the lack of regulation of cryptocurrencies “provides significant vulnerabilities for criminals and terrorists,” and underscored the urgency for greater regulation globally. (CoinDesk)