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Financial Watchdogs Have DeFi in Their Sights, Alter Wording Around NFTs

Financial Watchdogs Have DeFi in Their Sights, Alter Wording Around NFTs



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  1. “NFTs and DeFi present added challenges to FATF, which is already struggling to graft AML rules onto pseudonymous-by-design transactions in the flourishing cryptocurrency industry.”

    (Financial Action Task Force (FAFT), a global anti-money laundering (AML) body.)

    Lol this is the problem of governments: they seem to move 10 times as slow through time compared to technology. Will they ever catch up?

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