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FATF which is known as “The Financial Action Task Force” is a foundation of the G7 organization that was formed to fight the evils like money laundering. It is a government recognized force that works as a watchdog of the government and keeps a check on illegal activities like counter-terrorism-financing and money laundering.
As there was a certain assumption concerning cryptocurrency as well that this platform is being used for evil practices like laundering, financing terrorism, drugs buying etc. that is when the countries around the world included cryptocurrencies in virtual assets to keep a check on these activities. FATF deals through these VASPs to look after these practices and hinder through the rules and regulations that they have laid while someone deals in cryptocurrencies as well. If you want to invest in bitcoin then read the ....

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