In this report, we examine economic trends in APAC, which highlight the importance of APAC’s flourishing cryptocurrency ecosystem to the success of cryptocurrency overall and what’s at stake for businesses in the region in terms of regulatory compliance. We also discuss how regulatory activity in both Japan and the Republic of South Korea is pushing toward alignment with FATF, including implementation of recommendation 16. Finally, we share how Chainalysis compliance technology can assist cryptocurrency businesses meet FATF’s requirements.