• Written by: Crypto Breaking News
• Fri, 01 Mar 2024
•   United Kingdom

The 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 [...]The post Russias FATF Rating Downgraded Over Crypto Regulation Shortfalls appeared first on Crypto Breaking News.

Russias FATF Rating Downgraded Over Crypto Regulation Shortfalls

The Financial Action Task Force (FATF) has lowered Russias rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the countrys capacity to oversee and mitigate dubious transactions within the rapidly expanding realm of digital finance. Russias Financial Strategy Challenged by FATF Downgrade The [] Source: Bitcoin.com

The post Russias FATF Rating Downgraded Over Crypto Regulation Shortfalls appeared first on Crypto Breaking News.