FATF warns that stablecoins are increasingly becoming a primary means of sanctions evasion. International watchdogs point out that P2P stablecoin transactions through self-custody wallets could bypass AML checks, urging countries to assess the risks and implement appropriate protective measures.
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FATF warns that stablecoins are increasingly becoming a primary means of sanctions evasion. International watchdogs point out that P2P stablecoin transactions through self-custody wallets could bypass AML checks, urging countries to assess the risks and implement appropriate protective measures.