According to CriptoNoticias, Guatemala, Costa Rica, and the Dominican Republic are accelerating their cryptocurrency regulations due to the evaluation pressure from the Financial Action Task Force (FATF / GAFI) and its regional organization GAFILAT. The report states that the relevant regulatory focus is more on anti-money laundering, financial monitoring, and maintaining the international connectivity of the banking system, rather than promoting Bitcoin adoption. Guatemala has enacted Decree No. 15-2026 to include 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 cryptocurrency regulation. The article states that if regulatory gaps lead to unfavorable evaluations, the relevant countries may face risks such as being placed on the FATF gray list, increased international financing costs, and damaged banking correspondent relationships.

BTC1.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned