November 22, 2024

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Russia’s FATF Rating Downgraded Over Crypto Regulation Shortfalls

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Russia’s FATF Rating Downgraded Over Crypto Regulation Shortfalls
Russia’s FATF Rating Downgraded Over Crypto Regulation ShortfallsThe Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the country’s capacity to oversee and mitigate dubious transactions within the rapidly expanding realm of digital finance. Russia’s Financial Strategy Challenged by FATF Downgrade The […]