Cryptopolitan
2022-06-05 21:40:22

UAE: Shading off “grey” reputation as more crypto firms flock to Dubai

The United Arab Emirates (UAE) is struggling to shade itself from (Financial Action Task Force) FATF’s grey list nations. The grey list means UAE is closely monitored for anti-money laundering compliance. Despite being under watch, the country has been a top destination for most cryptocurrency firms. The FATF moved the UAE to its ‘grey’ list...

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