Source-linked briefing Crime

FATF Warns ‘Digital Hawala’ Is Fueling Money Laundering and Terror Finance

FATF Warns ‘Digital Hawala’ Is Fueling Money Laundering and Terror Finance

A FATF report details how emerging “digital hawala” networks intersect with virtual assets to facilitate illicit transactions. The watchdog warns this trend heightens global risks of money laundering and terror financing.

Original headline

Rise of ‘digital hawala’ aiding money laundering, terror financing, global watchdog says