Key Takeaways:

• FATF increased pressure on jurisdictions to enforce crypto standards faster.
• Stablecoins face sharper scrutiny as illicit finance risks grow.
• Jurisdictions could face tougher accountability if gaps persist.

FATF Tightens Global Crypto Compliance Push

Crypto oversight climbed the global policy agenda after Financial Action Task Force (FATF) ministers increased pressure on countries to close gaps in digital asset regulation. In a declaration issued on April 17, the intergovernmental standard setter linked stronger anti-money laundering enforcement to faster action on virtual assets. The message was clear: jurisdictions that lag on crypto rules will face greater scrutiny.

The declaration framed crypto within a broader…