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VAF Compliance Member of the DMCC Crypto Centre

Criminal activity around the world is at an all-time high. Criminal enterprises bring in billions of dollars in revenue each year. Monetary incentives are needed to keep criminals motivated and illegal activities going. Therefore, preventing the flow of crime-related funds and identifying the actors behind the funds are necessary to put an end to criminal organizations wreaking havoc. International organizations like the Financial Action Task Force (FATF) have been helping countries fight against menacing entities by hitting them where it hurts – their cash flow.

Criminal activity around the world is at an all-time high. Criminal enterprises bring in billions of dollars in revenue each year. Monetary incentives are needed to keep criminals motivated and illegal activities going. Therefore, preventing the flow of crime-related funds and identifying the actors behind the funds are necessary to put an end to criminal organizations wreaking havoc. International organizations like the Financial Action Task Force (FATF) have been helping countries fight against menacing entities by hitting them where it hurts – their cash flow.

The Financial Action Task Force, abbreviated as FATF, is an international watchdog organization working towards detecting and preventing crime-related financing. It recommends policies and legislations for countries and jurisdictions to adopt.

Criminal activity around the world is at an all-time high. Criminal enterprises bring in billions of dollars in revenue each year. Monetary incentives are needed to keep criminals motivated and illegal activities going. Therefore, preventing the flow of crime-related funds and identifying the actors behind the funds are necessary to put an end to criminal organizations wreaking havoc. International organizations like the Financial Action Task Force (FATF) have been helping countries fight against menacing entities by hitting them where it hurts – their cash flow.

The Financial Action Task Force, abbreviated as FATF, is an international watchdog organization working towards detecting and preventing crime-related financing. It recommends policies and legislations for countries and jurisdictions to adopt. The recommendations aim to end the flow of money motivated by corruption, terrorism, drug, human trafficking, and every other criminal activity.

VAF Compliance Member of the CMIC

VAF Compliance is thrilled to announce that we have become member of the Crypto Market Integrity Coalition – CMIC https://www.cryptomarketintegrity.com/. We are honored to have been accepted and to be part of a group of the top crypto institutions and to be able to contribute to make digital assets better for everyone. We would like […]

Compliance Rating of Cryptocurrency Exchange Huobi Disappoints in Latest Industry Evaluation

The rating of C- was determined by VAF Compliance, which conducted a case study on cryptocurrency exchange Huobi. The rise of cryptocurrencies and blockchain technology has undoubtedly revolutionized the financial industry, offering a decentralized and transparent alternative to traditional payment systems. However, the industry faces a major hurdle that threatens to undermine its potential: compliance. […]