The Financial Action Task Force (FATF) has launched a Public Consultation on its Draft updated Guidance for a risk-based approach to virtual assets and virtual asset service providers (VASPs).

The FATF originally published this Guidance in June 2019, when new anti-money laundering/countering the financing of terrorism (AML/CFT) obligations were placed on virtual assets and VASPs.

The deadline for this consultation is 20 April 2021.

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