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BlockBeats News, June 16 - The Dubai Virtual Asset Regulatory Authority (VARA) recently released an updated version of its Anti-Money Laundering (AML) regulatory guidance. The guidance requires cryptocurrency businesses operating in Dubai to dynamically incorporate FATF high-risk and blacklist country data into their risk assessment models in real time, replacing the previous static compliance tracking mechanism. The new regulation mandates that companies update their risk assessments at least every three months, with immediate updates required in case of significant changes to their operational structure or product lines. Additionally, companies must conduct separate assessments for proliferation financing risk and targeted financial sanctions risk, which should not be conflated with general anti-money laundering compliance. Furthermore, companies are required to formally document the risks associated with AI-assisted operations and anonymous enhanced transaction platforms. VARA stated that compliance officers, senior management, and board members must take full responsibility for the company's remaining risk rating. The regulatory approach has shifted from post facto punishment to proactive systemic risk management.

According to Odaily, based on SoSoValue data, yesterday (June 15, US Eastern Time) XRP spot ETFs saw a total daily net inflow of 2.8151 million US dollars. The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a single-day net inflow of 1.4278 million US dollars. Its total historical net inflow has reached 474 million US dollars. Next was Franklin XRP ETF (XRPZ), with a single-day net inflow of 1.3873 million US dollars. Its total historical net inflow has reached 401 million US dollars. As of press time, the total net asset value of XRP spot ETFs is 1.107 billion US dollars, with an XRP net asset ratio of 1.41%, and the cumulative historical net inflow has reached 1.439 billion US dollars.

The Kuala Lumpur Composite Index has just broken through the 1700.00 mark, now at 1700.42, up 0.53% on the day.