FATF to Review Jurisdictions of Crypto Activities, Preliminary Results to be Released in June 2027

The Financial Action Task Force (FATF) will review jurisdictions of significant crypto activities, with preliminary results scheduled for release in June 2027, followed by subsequent results in October of the same year. The review will focus on jurisdictions where virtual asset service provider (VASP) activities are of "major significance," taking into account their current assessment status. The FATF has not yet disclosed the list or number of jurisdictions under review. The FATF stated that regular assessments and follow-up procedures will remain the primary tools for evaluating compliance, and monitoring will continue post-review to expedite reporting and track remediation progress. A report from the organization in July indicated that 83% of the jurisdictions under investigation have enacted legislation for cryptocurrency travel rules; among the 91 jurisdictions that have legislated, 55 have yet to take supervisory or enforcement actions.

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