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Anti-Money Laundering Rules Targeting DeFi, NFTs Could Be Fatal, Analysts Warn

Anti-Money Laundering Rules Targeting DeFi, NFTs Could Be Fatal, Analysts Warn



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  1. tldr; The Financial Action Task Force (FATF), a global anti-money laundering watchdog based in Paris, released draft guidance on Friday that, if adopted, poses an existential threat to the DeFi and NFT markets, analysts say. In its new guidance, the FATF defined most operators of decentralized finance platforms as “Virtual Asset Service Providers” (VASPs).

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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