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FATF includes DeFi in guidance for crypto service providers -Breaking

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Decentralized finance or DeFi continues to drive more regulatory interest and is becoming part of the main international rules for virtual assets service providers (VASPs).

The Financial Action Task Force (or FATF) will meet on Thursday. issuedA new update of its guidance for 2019 to adopt a risk-based approach to virtual assets and VASPs. Particular attention is paid to DeFi.