FATF just expanded the grey list — 6 African countries still flagged for AML/CFT deficiencies 🚨
22 jurisdictions now under increased monitoring:
$Kenya
$Angola
$Cameroon
$CoteDivoire
$Congo
$SouthSudan
What this means: Higher compliance risk for crypto ops in these regions. Banks will be extra cautious. Cross-border flows get messier. If you're building or trading here, expect friction with fiat on/off ramps.
These aren't bans, but strategic deficiencies = red tape = slower capital movement. FATF action plans in motion, but timelines? Unknown.
Watch how this impacts CEX listings, P2P volumes, and stablecoin adoption in these markets. Regulatory pressure is real.