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Weekly Roundup: Malta Lands on AML Gray List, Global Adoption of Cryptocurrency Standards Falters, and More

The Financial Action Task Force voted to add Malta to its list of jurisdictions deemed especially vulnerable to abuse by financial criminals, ACAMS moneylaundering.com reported. More Malta's prime minister criticized the group's decision as "unfair" and "unwarranted," the Times of Malta reported. More FATF also decided to keep Pakistan on the gray list after the nation failed to remediate AML deficiencies, Business Standard and Diplomat reported. More and More Less than half of the nations enlisted in FATF have fully implemented the group's updated standards for cryptocurrency, CoinDesk reported. More Lawmakers in Australia plan to investigate alleged failures in AML...

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