FATF Jordan: Understanding Crypto Regulation and AML Compliance in Jordan

When working with FATF Jordan, the Jordanian implementation of the Financial Action Task Force standards. Also known as Jordan's FATF framework, it sets the baseline for anti‑money‑laundering (AML) measures, counter‑terrorist financing (CTF) rules, and crypto‑specific compliance across the Kingdom. The scope of FATF Jordan goes beyond traditional banking; it now covers crypto exchanges, DeFi platforms, and even NFT marketplaces, requiring them to adopt know‑your‑customer (KYC) checks, transaction monitoring, and reporting obligations. This shift means anyone dealing with digital assets in Jordan must align with international best practices while navigating local nuances.

The broader Financial Action Task Force, a global inter‑governmental body that sets AML/CTF standards influences how Jordan structures its regulatory environment. FATF Jordan adopts the FATF Recommendations, then tailors them to fit the Jordanian legal framework, which includes the Anti‑Money Laundering Law No. 17 of 2016 and subsequent amendments. These laws define key entities such as “virtual asset service providers” (VASPs) and mandate that they register with the Jordan Securities Commission. By linking FATF standards to local law, Jordan creates a clear compliance pathway: jurisdictions align with global expectations, while regulators gain tools to enforce local rules, such as penalties for non‑reporting or inadequate KYC procedures.

Key Areas Covered by FATF Jordan

The implementation of FATF Jordan breaks down into several practical pillars. First, Jordanian AML regulations, the legal requirements that financial institutions and crypto businesses must follow demand real‑time transaction monitoring and filing of suspicious activity reports (SARs) to the Financial Intelligence Unit (FIU). Second, crypto compliance, the set of operational steps VASPs take to meet FATF standards includes onboarding users with verified IDs, conducting blockchain analytics to trace illicit flows, and maintaining audit‑ready records for at least five years. Third, the framework impacts cryptocurrency exchanges, platforms that facilitate buying, selling, or swapping digital assets by requiring them to obtain a license, implement AML/KYC programs, and submit periodic compliance reports to Jordanian authorities. Together, these pillars create a compliance ecosystem that reduces financial crime risk while still allowing innovation in the crypto space.

Understanding these connections helps you see why FATF Jordan matters for every crypto project operating in the region. Below you’ll find a curated collection of articles that dive deep into specific aspects of this ecosystem— from detailed airdrop guides that highlight compliance checkpoints, to exchange reviews that assess how well platforms meet FATF‑Jordan requirements, and analyses of regulatory moves like the recent block on unlicensed exchanges in the Philippines that echo Jordan’s own stance. Whether you’re a trader, developer, or compliance officer, the posts ahead will give you actionable insights, real‑world examples, and step‑by‑step guidance to navigate Jordan’s evolving crypto landscape.