Virtual Assets

Taking effective action

How do the FATF Standards apply to virtual assets ?


Virtual Assets service providers

Building partnerships

Virtual Assets: Targeted Update on Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers

27 Jun 2023

This report provides an update on implementation of the FATF's anti-money laundering and counter terrorist financing standards on virtual assets and virtual assets service providers. This is the fourth update since the FATF extended its Standards to this sector. The report finds that global implementation of these strengthened measures remains relatively poor. The lack of regulation creates significant loopholes for criminals to exploit. Closing the gaps in global regulation of virtual assets is an urgent priority. The FATF calls on all countries to apply the AML/CFT rules to virtual assets service providers, without further delay.

Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers

28 Oct 2021

This updated guidance forms part of the FATF’s ongoing monitoring of the virtual assets and VASP sector.