The FATF announced the latest regulatory framework for cryptocurrencies, including intermediaries and distributions.

On October 28, the International Monetary Fund (FATF), the International Monetary Fund (AML), announced its latest guidelines for trading cryptocurrencies and virtual tools. The new rules for so-called virtual asset service providers (VASPs), this time announced after a joint venture marketing strategy in April 2021, indicate that the oversight is coming from cryptocurrency firms, including support and the distribution. Since 2018, the FATF has published a document and working group that defines VASPs and virtual assets and endorsed how the country applies the 'right to travel' for cryptocurrencies. Recently, the FATF tried to explain the business through “guardianless portfolios”, and new areas such as DeFi, NFT and DAO were included in the framework. (Parts office)