Woofun AI reports that the Financial Action Task Force has published its seventh special assessment on the implementation of Recommendation 15 across global jurisdictions. The update notes continued progress in virtual asset regulation, including risk assessments and travel rule adoption, since the previous 2025 report.

However, significant deficiencies remain, particularly in translating risk assessments into mitigation measures and enforcing licensing frameworks. The report identifies emerging threats such as the industrialization of crypto-fraud by organized crime, stablecoin abuse, non-custodial wallet risks, offshore VASP operations, and ongoing DeFi challenges, urging strengthened public-private cooperation to close these regulatory gaps.