MONEYVAL finds that most jurisdictions now regulate virtual asset providers, but major gaps remain in enforcement, Travel Rule implementation and controls against money laundering, terrorist financing and sanctions evasion

he typologies report shows broad progress in licensing and supervision of virtual asset service providers across MONEYVAL jurisdictions, alongside persistent weaknesses in tackling unlicensed activity, collecting reliable data and enforcing compliance. It also highlights ongoing risks from sanctions evasion, fraud and proliferation financing and calls for stronger reporting, capacity building and international cooperation to address the evolving virtual asset threat landscape.