FATF warns stablecoins are becoming go-to tool for sanctions evasion

FATF warns stablecoins are becoming go-to tool for sanctions evasion

FATF warns stablecoins are becoming go-to tool for sanctions evasion

The international watchdog says P2P stablecoin transfers via self-custody wallets can bypass AML checks and urges countries to assess risks and apply proportionate safeguards.

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