The Financial Action Task Force's seventh report card on crypto compliance reveals a significant gap between legislation and enforcement, as jurisdictions are implementing necessary regulations, such as the Travel Rule and Virtual Asset Service Provider licensing, but struggling to effectively enforce them1. This disconnect is problematic, as it hinders the ability of governments to prevent illicit activities, such as money laundering and terrorist financing, in the cryptocurrency space. The report highlights the need for enforcement to catch up with legislation, ensuring that regulations are not only in place but also actively enforced. As a result, organizations that prioritize compliance and assess the implications of these policy shifts early on can gain a strategic advantage. The disconnect between legislation and enforcement has significant implications for practitioners, who must navigate this complex regulatory environment and prioritize compliance to avoid potential risks and reputational damage.