The review will focus on jurisdictions with materially important virtual asset service provider (VASP) activity taking their existing regulatory assessment status into account.
The FATF has not named the jurisdictions selected for review. Countries including
- the United States,
- United Kingdom,
- Singapore, and
- United Arab Emirates (UAE)
collectively account for approximately 97% of the global virtual asset market.
Lagos Leads Africa Among Top 50 Cities Recognized as Crypto Hubs Globally
Lagos Leads Africa Among Top 50 Cities Recognized as Crypto Hubs Globally
The watchdog’s July 2026 report found that 83% of surveyed jurisdictions had adopted crypto Travel Rule legislation but 55 of the 91 jurisdictions with such laws had yet to take supervisory or enforcement action.
The Travel Rule requires crypto service providers to collect and share information about the originators and beneficiaries of transactions.
Initial findings from the targeted review are expected in June 2027 with further results scheduled for October 2027.
The initiative marks a shift towards scrutinising actual enforcement of crypto regulations rather than simply whether countries have adopted the required legislation.
CRYPTO CRIME | FATF Calls for Tougher Crypto AML Enforcement Following Travel Rule Implementation
CRYPTO CRIME | FATF Calls for Tougher Crypto AML Enforcement Following Travel Rule Implementation
REGULATION | Russia to Ban Direct P2P Crypto Trades and Self-Custody From H2 2027
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