Global Compliance Headwinds: Cameroon’s FATF Gray Listing and the Shift to Crypto 🌍
Cameroon’s presence on the FATF "Gray List" triggers intensive international monitoring for money laundering and terrorism financing risks ⚠️.
This designation forces global banks to apply enhanced due diligence, drastically slowing down cross-border payments and inflating transaction fees 📉.
Strict regulatory friction creates a significant bottleneck for traditional financial institutions, reducing liquidity access for local businesses and retail investors 🛑.
Decentralized Finance (DeFi) offers an alternative rail for international settlements, bypassing the high costs and delays of legacy banking systems ⛓️.
On-chain transparency and KYC-compliant stablecoins provide a secure, efficient method for cross-border trade without the "Gray List" banking premiums 💸.
Adopting blockchain technology allows companies to maintain global trade connectivity while navigating complex traditional regulatory landscapes with higher efficiency 🚀.