The Financial Action Task Force (FATF) has released new guidelines designed to enhance the recovery of virtual assets through improved practices. The guidance highlights the importance of blockchain analytics in tracking and recovering these assets. It also underscores the necessity for specialized training for law enforcement and other relevant agencies to effectively utilize these tools. By implementing these recommendations, the FATF aims to strengthen the global framework for combating financial crimes involving virtual assets. The guidelines are part of a broader effort to ensure that jurisdictions are better equipped to handle the complexities of virtual asset recovery.
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