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What Is the Role of the Financial Action Task Force (FATF) regarding Privacy Coins?

FATF sets international AML/CFT standards and views privacy coins as high-risk, encouraging jurisdictions to mitigate their anonymity-related risks.
Greeks.Live06.11.25

What Is the Role of the Financial Action Task Force (FATF) regarding Privacy Coins?

The FATF is an intergovernmental body that sets international standards to combat money laundering and terrorist financing. They have issued guidance that applies their standards to Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs), which includes privacy coins and exchanges.

FATF views privacy coins as a high-risk factor due to their anonymity and encourages jurisdictions to assess and mitigate these risks.

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