IOTA Foundation's Response to FATF’s AML/CFT Standards

The IOTA Foundation has endorsed upcoming revisions to global AML and CFT standards proposed by the Financial Action Task Force (FATF). By advocating for proportionate, risk-sensitive regulation, the Foundation seeks to reduce unnecessary compliance burdens on startups while encouraging digital identity innovation. Its approach emphasizes industry-driven solutions including tokenized KYC for DeFi that aim to safeguard privacy, increase transparency, and improve access to financial services.