All by tag: Crypto-regulation

The new bill has been approved by the government and is due to be voted on in Parliament

The reason was that the platform did not have a license to operate in the local market

In total, over 300 industry firms have applied for work permits

Officials noted that the platform does not have a license to operate in the local market

According to the corporation’s vice chairman, officials’ current stance hinders innovation

The initiative is part of efforts to implement the pan-European crypto regulation MiCA

The organization once again pointed to the threat to financial stability from crypto assets

The ban is aimed at slowing down speculative activity with digital assets in the country

This is because the country is facing one of the worst cost of living crises in recent years

The regulator has also introduced requirements for institutions to manage conflicts of interest when dealing with digital assets

The Financial Intelligence Unit proposes to implement FATF rules to block suspicious crypto transactions during pre-trial investigations

The expert noted that banks should use the services of compliance specialists in the field of digital assets