According to CriptoNoticias, Guatemala, Costa Rica, and the Dominican Republic are accelerating the development of crypto regulation under the assessment pressure from the Financial Action Task Force (FATF / GAFI) and its regional organization, GAFILAT. The report says the regulatory focus is more on anti-money laundering, financial supervision, and maintaining the international connectivity of the banking system, rather than promoting Bitcoin adoption. Guatemala has adopted Decree No. 15-2026 to bring virtual asset service providers under regulation; Costa Rica has passed the second reading of Law Reform No. 7786; and the Dominican Republic has submitted a draft regulation for cryptocurrencies. The article states that if regulatory gaps result in unfavorable assessments, the countries concerned may face risks such as being placed on the FATF “gray list,” higher international financing costs, and damage to banking correspondent relationships.

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BluePeonyInTheDark
· 6h ago
Latin American countries' recent moves are quite typical; with the FATF's big stick waving, regulation has immediately accelerated, but the focus is entirely on compliance and risk control, which has nothing to do with the popularization of Bitcoin.
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TideEarningsTable
· 7h ago
The deterrent power of the gray list is indeed significant. Once the banking agency relationship is severed, international financing is directly cut off, and small countries can only bow their heads. However, Guatemala's actions under the 15-2026 law are quite swift.
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