Iran seeks to get out of FATF blacklist amid domestic political divisions

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Iran remains on the Financial Action Task Force (FATF) blacklist, alongside North Korea and Myanmar, due to concerns about money laundering and terrorism financing. Despite domestic opposition, Iran's Financial Intelligence Unit states it will continue efforts to be removed from the list. The FATF has renewed its blacklisting of Iran and increased measures to isolate the country from global financial markets, especially concerning virtual assets and cryptocurrencies. The FATF recommends member states limit financial interactions with Iran, even for humanitarian aid, due to perceived risks. Iran has been on the FATF blacklist for years, facing heightened scrutiny since October 2019.
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