[FATF: 83% of surveyed jurisdictions have advanced crypto regulation and Travel Rule implementation] Odaily Planet Daily News – The Financial Action Task Force (FATF) has released its seventh targeted update on the implementation of standards for virtual assets and virtual asset service providers (VASPs), stating that 83% of surveyed jurisdictions have advanced crypto regulation and Travel Rule implementation, while 11 jurisdictions are still working on related efforts. FATF emphasized that jurisdictions must continue to advance the regulation, licensing, and registration of VASPs to address gaps exploited by malicious actors for illegal purposes. The report also highlighted challenges in regulating offshore VASPs and cases of stablecoin misuse, including a money laundering node in Cambodia that issued and promoted a stablecoin claiming to resist asset freezes.