Crypto challenge unresolved, need partners beyond regulators: FATF VP

Vivek Aggarwal highlighted the ongoing challenges posed by virtual assets and technology-driven fraud. He urged for enhanced collaboration among stakeholders to combat these growing threats. It is essential for both regulatory bodies and private companies to modernize their frameworks and invest in innovative solutions. India is strengthening its approach to cybercrime nationwide, emphasizing the importance of industry collaboration for effective self-regulation and risk management.