Sanctioned States Exploit Crypto to Fuel Weapons—FATF Warns of “Exponential” Surge

The Financial Action Task Force (FATF) has issued a sharp warning about the growing use of cryptocurrencies by sanctioned states to fund weapons programs.In a report published June 20, the global financial crime watchdog urged countries to close regulatory gaps that are allowing illicit finance to thrive in the digital asset space.According to the FATF, […]
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Experts Warn Crypto Collateral Could Add Volatility to Mortgage Market

Key Takeaways: The FHFA has directed Fannie Mae and Freddie Mac to explore the use of cryptocurrency in mortgage asset verification. Industry insiders said the move may allow digital assets to be counted as collateral in home loan underwriting. Analysts warn that introducing crypto could mirror pre-2008 lending risks due to volatility and unclear guidance. […]
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