Abu Dhabi International Financial Center revises anti-money laundering rules, emphasizing FATF’s travel rules apply to virtual assets
Abu Dhabi Global Market's Financial Services Regulatory Authority (FSRA) announced revisions to its anti-money laundering and sanctions rules and guidelines, clarifying requirements previously included in the anti-money laundering rules, particularly making some minor drafting amendments to the wire transfer provisions to more clearly state that the Financial Action Task Force's (FATF) travel rule applies to virtual assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Retail Interest in Bitcoin Subdued Despite Price Surge – Should we be Concerned?
Bitcoin Set for Explosive 2025: How HODLers and FOMO Traders Are Driving the Market
Intesa Sanpaolo Enters Bitcoin Market with Strategic Investment
Intesa Sanpaolo, Italy's largest bank, has made its first proprietary Bitcoin transaction, acquiring 11 BTC for €1 million, marking a significant move into the digital asset space.
Ethereum.org Adopts Shape Up Cycles for Agile Development
Ethereum.org shifts to Shape Up cycles for agile development, focusing on 6-week build periods with key projects set for completion by February 2025.
Trending news
MoreCrypto prices
More
