technology medium Fill in the Blank

The global standard for crypto asset classification and regulation is developed by ________.

  1. Logging / Audit Trail
  2. Bias / Fairness
  3. Partitioning
  4. FATF / Financial Action Task Force

Answer: FATF / Financial Action Task Force

FATF provides international standards for virtual assets: definition of VASPs, Travel Rule, risk-based supervision. Countries implement through domestic laws. Critical for cross-border crypto compliance.

Topic Crypto Regulation
Exam Relevance Banking, UPSC, SSC
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