[Costa Rica Approves Anti-Money Laundering Bill for Cryptocurrency Services] According to CriptoNoticias, Costa Rica's Legislative Assembly unanimously passed Amendment No. 7786, establishing specific obligations for virtual asset service providers regarding anti-money laundering, counter-terrorism financing, and the prevention of the proliferation of weapons of mass destruction. The bill responds to the Financial Action Task Force's (FATF) 2024 warning that Costa Rica could be placed on the gray list if regulatory gaps are not addressed. The new law requires virtual asset service providers to register with the General Superintendency of Financial Institutions and fulfill obligations such as customer identification, due diligence, transaction record-keeping, and suspicious transaction reporting. Penalties for violations range from 5% to 50% of the transaction amount or between $1,800 and $90,000. The law will take effect three months after its publication, with its practical enforcement depending on the actions of regulatory authorities.