Cryptocurrency
fromnews.bitcoin.com
1 day agoPakistan Reopens Banks to Crypto: A Look at What Changed
Regulated banks in Pakistan can now provide services to licensed VASPs under strict conditions, following a previous ban on crypto engagement.
The FATF also ramped up measures aimed at isolating Iran from global financial markets with a particular focus on virtual asset service providers (VASPs) and cryptocurrencies. It recommended member states and financial institutions around the world to: Refuse to establish representative offices of Iranian financial institutions and VASPs or consider the noncompliance risks involved. Prohibit financial institutions and VASPs from establishing offices in Iran.