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🐋 WHALE WATCH: FATF Calls for Stablecoin "Blacklists"
The Financial Action Task Force (FATF) released a major report today calling for mandatory "deny-lists" (blacklists) for all stablecoin providers.
=> The Reason: To combat a "surge in illicit finance" and "pig butchering" scams.
=> The Ripple Effect: This would force decentralized stablecoin issuers to implement stricter, more centralized control over who can hold or transfer their tokens, sparking a fresh debate on privacy vs. compliance.