FATF Flags Crypto Risks in Gaming and Gambling

Professional at desk reviews FATF gaming risk report with monitor showing red flags and KYC documents.

The Financial Action Task Force has published new findings on illicit-finance exposure across casinos, betting services and online gaming as these businesses become increasingly digital and cross-border. The September 9 report focuses on money laundering, terrorist financing and, to a lesser extent, proliferation-financing risks, while providing risk indicators rather than treating specific technologies or transactions […]