The UAE central bank has released fresh guidelines for financial entities dealing with cryptocurrencies and NFTs, focusing on anti-money laundering and counter-terrorism financing measures. The regulations, influenced by FATF requirements, highlight due diligence for licensed financial institutions when engaging with virtual assets. Effective within a month, these rules cover banks, finance firms, exchange houses, payment providers, hawala services, and insurance agencies. UAE’s move follows its placement on FATF’s “grey” list in March 2022, prompting efforts to enhance cooperation and compliance.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}