Global Anti-Money Laundering Regulators: Qatar Has Not Actively Enforced Its Cryptocurrency Ban Issued in 2019

ChainCatcher news, a report released by the Financial Action Task Force (FATF), a global anti-money laundering regulatory body, shows that Qatar banned cryptocurrency providers in 2019, but the country has taken little action against cryptocurrency companies that violate the ban announced in 2019. The FATF urged the Qatar Central Bank (QCB) to more actively identify and sanction virtual asset service providers (VASP) that violate its crypto ban. (source link)