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- 🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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The FATF warns of the criminal risks of stablecoins, and the industry claims it is not an anti-encryption stance.
According to ChainCatcher news and a report by Cointelegraph, the Financial Action Task Force (FATF) recently issued a warning regarding the rise of criminal activities involving stablecoins. Executives from blockchain analytics company Chainalysis and Asset Reality stated that this move aims to strengthen regulation rather than restrict industry development. Data shows that by 2025, stablecoins will account for 63% of the total illegal encryption transactions. Chainalysis policy advisors pointed out that the FATF calls for countries to unify regulatory standards for stablecoin issuers, implement real-time monitoring, and strengthen international cooperation. The co-founder of Asset Reality emphasized that traditional financial anti-money laundering standards need to be applied to the digital asset space. In 2023, Tether froze $225 million in USDT related to fraud at the request of the United States.