In accordance with Chainthink, Belarus has updated its encrypted wallet registry to track illegal funds in preparation for an upcoming FATF review. The system aims to identify and manage digital wallets involved in criminal activities, assisting law enforcement in tracing illicit gains. According to the national audit authority, the government is advancing new financial investigation mechanisms and has introduced tax and transparency regulations for crypto asset transactions to strengthen industry compliance. Meanwhile, Belarus has tightened crypto regulations by banning individuals from trading cryptocurrencies on foreign exchanges and is actively promoting a unified crypto regulatory framework within the Eurasian Economic Union (EAEU) to enhance regional regulatory coordination and law enforcement efficiency.
Belarus Updates Crypto Wallet Blacklist to Prepare for FATF Review
ChainthinkShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.