UAE’s new anti-money laundering regulations incorporate FATF travel rule

The United Arab Emirates’ Financial Services Regulatory Authority (FSRA) has updated its Anti-Money Laundering (AML) and sanctions rules by adding new provisions concerning digital assets, according to a press release issued on Dec. 21. The revisions — effective immediately — are set to enforce the Financial Action Task Force’s (FATF) Travel Rule on digital assets, […] source: https://cryptoslate.com/new-anti-money-laundering-regulations-in-uae-incorporate-fatf-travel-rule/