Regulatory Intelligence
AI-maintained daily updates on crypto regulations worldwide. Newest first — page 43 of 43.
OFAC Belarus Sanctions: Imposed August 9, 2021 (Executive Order 14038) and expanded in 2022-2024.
OFAC Belarus Sanctions: Imposed August 9, 2021 (Executive Order 14038) and expanded in 2022-2024.
Effective Date: The legal framework for regulating Virtual Asset Service Providers (VASPs) and requiring their re...
Effective Date: The legal framework for regulating Virtual Asset Service Providers (VASPs) and requiring their registration in Latvia became effective on July 1, 2021. This included the obligation for VASPs to comply with AML/CFT requirements, which encompass the Travel Rule.
Effective Date: The Law on Digital Assets (Zakon o digitalnoj imovini) entered into force on June 29, 2021. T...
Effective Date: The Law on Digital Assets (Zakon o digitalnoj imovini) entered into force on June 29, 2021. The provisions related to AML/CFT, including those implementing the Travel Rule, became effective from this date.
Banco de Guatemala (Banguat) Comunicado de Prensa (June 23, 2021): Banguat issued a press release titled "Banco d...
Banco de Guatemala (Banguat) Comunicado de Prensa (June 23, 2021): Banguat issued a press release titled "Banco de Guatemala advierte sobre riesgos de las criptomonedas" (Banco de Guatemala warns about risks of cryptocurrencies). This communiqué explicitly states:
Effective Date: The Instruction N° 15/2021/CM/UEMOA was adopted on June 18, 2021.
Effective Date: The Instruction N° 15/2021/CM/UEMOA was adopted on June 18, 2021.
For Virtual Asset Service Providers (VASPs): The BCEAO has begun to address the activities of Virtual Asset Servi...
For Virtual Asset Service Providers (VASPs): The BCEAO has begun to address the activities of Virtual Asset Service Providers (VASPs). The Instruction N° 00000001/M/2021/RG/SG of June 18, 2021, on the conditions for the exercise of activities related to virtual assets in the UEMOA zone (referenced below), indicates that certain activities related to virtual assets may require specific authorization or notification to the BCEAO. However, this is primarily focused on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) compliance rather than a comprehensive licensing regime for virtual asset issuance itself, especially for instruments purporting to be stable.
Law 11/2021 was published on June 17, 2021, and came into force shortly thereafter, specifically bringing digital...
Law 11/2021 was published on June 17, 2021, and came into force shortly thereafter, specifically bringing digital asset service providers under the AML/CFT regime.
Reuters Article citing the BCC's warning: https://www.reuters.com/business/finance/democratic-republic-congo-cent...
Reuters Article citing the BCC's warning: https://www.reuters.com/business/finance/democratic-republic-congo-central-bank-warns-over-cryptocurrency-use-2021-06-16/
Reuters Article citing the BCC's warning: https://www.reuters.com/business/finance/democratic-republic-congo-central-...
Reuters Article citing the BCC's warning: https://www.reuters.com/business/finance/democratic-republic-congo-central-bank-warns-over-cryptocurrency-use-2021-06-16/
BCB Communiqué (May 14, 2021): The BCB reiterated its 2014 prohibition, emphasizing that cryptocurrencies are not...
BCB Communiqué (May 14, 2021): The BCB reiterated its 2014 prohibition, emphasizing that cryptocurrencies are not issued by monetary authorities, are not backed by any government, and lack legal tender status. It warned of the risks associated with their use, including potential fraud and lack of protection for users.
Central Bank of Myanmar's "Warning against Virtual Currencies" (May 14, 2021):
Central Bank of Myanmar's "Warning against Virtual Currencies" (May 14, 2021):
In December 2020, the SEC proposed amendments to include "natural persons with certain professional credentials" as a...
In December 2020, the SEC proposed amendments to include "natural persons with certain professional credentials" as accredited investors, effective May 3, 2021 SEC 2020 Final Rule
Aviso No. 02/2021 (Notice 02/2021) of the National Bank of Angola (April 20, 2021): This notice prohibited financ...
Aviso No. 02/2021 (Notice 02/2021) of the National Bank of Angola (April 20, 2021): This notice prohibited financial institutions supervised by the BNA from engaging in activities related to virtual assets and warned the public about the risks. It also prohibited crypto payments and their use as legal tender BNA - Aviso 02/2021
April 20, 2021: Aviso No. 02/2021 issued (prohibitory stance on crypto for financial institutions) BNA - Aviso 02...
April 20, 2021: Aviso No. 02/2021 issued (prohibitory stance on crypto for financial institutions) BNA - Aviso 02/2021
Central Bank Regulation: Official Gazette No. 31456, April 16, 2021 (prohibits crypto as payment, no direct custo...
Central Bank Regulation: Official Gazette No. 31456, April 16, 2021 (prohibits crypto as payment, no direct custody impact).
Central Bank Regulation (published in Official Gazette No. 31456 on April 16, 2021): Prohibits using cryptocurren...
Central Bank Regulation (published in Official Gazette No. 31456 on April 16, 2021): Prohibits using cryptocurrencies for payments.
Central Bank Regulation on Prohibition of Payments with Crypto Assets: Published in Official Gazette No. 31456 on...
Central Bank Regulation on Prohibition of Payments with Crypto Assets: Published in Official Gazette No. 31456 on April 16, 2021; bans crypto use for goods/services. https://www.resmigazete.gov.tr/eskiler/2021/04/20210416-3.htm
The claim cites a source from Resmi Gazete (Official Gazette) dated April 16, 2021 (Issue 20210416-3). However, upon ...
The claim cites a source from Resmi Gazete (Official Gazette) dated April 16, 2021 (Issue 20210416-3). However, upon verification, the provided URL (Resmi Gazete) does not contain any specific mention of "Treasury and Finance Ministry oversight for proposed taxes" in the context described. The document at that URL appears to be a general regulatory publication, but the exact claim text—"Potential oversight for proposed taxes"—cannot be directly extracted from the linked page as a standalone provision. Instead, the Treasury and Finance Ministry's oversight role is broadly established under the Presidential Decree No. 1 (Cumhurbaşkanlığı Kararnamesi No. 1) and the Tax Procedure Law (Vergi Usul Kanunu, Law No. 213).
The Central Bank of the Dominican Republic (BCRD) has issued repeated public warnings since at least 2021 stating tha...
The Central Bank of the Dominican Republic (BCRD) has issued repeated public warnings since at least 2021 stating that cryptocurrencies are not legal tender, lack government or central bank backing, and carry high volatility and regulatory risks. The March 25, 2021 press release remains the most definitive statement on this position BCRD Comunicado. The BCRD’s stance has been reaffirmed in subsequent years, with no evidence of reversal as of April 2026. No authoritative third-party source has contradicted this claim, and the BCRD website still lists this as its active position.
Republika Srpska is the only entity in B&H with dedicated cryptocurrency legislation: the Law on Digital Assets...
Republika Srpska is the only entity in B&H with dedicated cryptocurrency legislation: the Law on Digital Assets (Zakon o digitalnoj imovini Republike Srpske), enacted in 2021 and effective from February 26, 2021 Official Gazette of Republika Srpska, No. 16/21 (secondary source: CBBH)
Effective Date: February 26, 2021 Official Gazette of Republika Srpska, No. 16/21
Effective Date: February 26, 2021 Official Gazette of Republika Srpska, No. 16/21
The Bank of Ghana launched a regulatory and innovation sandbox pilot in collaboration with EMTECH Service LLC on Febr...
The Bank of Ghana launched a regulatory and innovation sandbox pilot in collaboration with EMTECH Service LLC on February 25, 2021. Press Release – Bank of Ghana Sandbox Pilot – Bank of Ghana
Travel Rule Implementation: The specific requirements for the FATF Travel Rule, including the collection and tran...
Travel Rule Implementation: The specific requirements for the FATF Travel Rule, including the collection and transmission of originator and beneficiary information, are detailed in Instruction No. 3/2021 of January 28, 2021, of the Banco de Cabo Verde. This instruction operationalizes the AML/CFT obligations for VASPs, including those related to the Travel Rule.
Effective Date: The Travel Rule provisions came into effect with Instruction No. 3/2021 on January 28, 2021.
Effective Date: The Travel Rule provisions came into effect with Instruction No. 3/2021 on January 28, 2021.
The specific requirements for the FATF Travel Rule, including the collection and transmission of originator and benef...
The specific requirements for the FATF Travel Rule, including the collection and transmission of originator and beneficiary information, are detailed in Instruction No. 3/2021 of January 28, 2021, of the Banco de Cabo Verde, which operationalizes AML/CFT obligations for VASPs, including Travel Rule-related requirements BCV Instruction No. 3/2021
The Virtual Assets Business Act, 2020 (Act No. 13 of 2020) is the primary legislation governing virtual asset ser...
The Virtual Assets Business Act, 2020 (Act No. 13 of 2020) is the primary legislation governing virtual asset service providers in Saint Lucia. Enacted and gazetted on November 27, 2020, it defines "virtual asset" and "virtual asset service provider" (VASP) and requires any person carrying on a virtual asset business within or from Saint Lucia to obtain a license from the FSRA FSRA - Virtual Assets Business Act Overview.
Banque Centrale de Tunisie (BCT) Communiqué de presse sur les monnaies virtuelles (November 10, 2020):
Banque Centrale de Tunisie (BCT) Communiqué de presse sur les monnaies virtuelles (November 10, 2020):
Wwft (Dutch Money Laundering and Anti-Terrorist Financing Act): Implements 5AMLD (effective May 21, 2020); mandat...
Wwft (Dutch Money Laundering and Anti-Terrorist Financing Act): Implements 5AMLD (effective May 21, 2020); mandates DNB registration for exchanges and custodian wallets, with KYC, transaction monitoring, and suspicious activity reporting. Non-compliance risks fines/imprisonment.
Effective Date: The prohibition came into effect with QCB Circular No. 12/2020 on Virtual Assets, issued on ...
Effective Date: The prohibition came into effect with QCB Circular No. 12/2020 on Virtual Assets, issued on April 28, 2020.
ALEA maintains rules and regulations including 760-X-4 Adopted Ignition Interlock Rule, 760-X-5-.01 Proposed Abandone...
ALEA maintains rules and regulations including 760-X-4 Adopted Ignition Interlock Rule, 760-X-5-.01 Proposed Abandoned and Derelict Notice Requirements Rule (comment period ended March 6, 2020), and 760-X-1-.23 Proposed Mandatory Liability Insurance Rule.ALEA Regulations
Adopted and Enforcement Status: The rule is mandatory for all regulated payment service providers, including VASP...
Adopted and Enforcement Status: The rule is mandatory for all regulated payment service providers, including VASPs offering digital payment token (DPT) services under the Payment Services Act (PSA) 2019. Compliance became a legal requirement on January 28, 2020.
Effective Date: January 28, 2020.
Effective Date: January 28, 2020.
Effective Date: January 28, 2020.
Effective Date: January 28, 2020.
Foundational Law: The legal framework for virtual assets (VAs) and Virtual Asset Service Providers (VASPs) in Cab...
Foundational Law: The legal framework for virtual assets (VAs) and Virtual Asset Service Providers (VASPs) in Cabo Verde was established by Decree-Law No. 5/2020 of January 27, 2020. This law defines VAs and VASPs, brings them under the supervision of the Banco de Cabo Verde (BCV), and subjects them to anti-money laundering and combating the financing of terrorism (AML/CFT) obligations.
January 27, 2020: Lei n.º 5/20 enacted (current AML/CFT law) Diário da República
January 27, 2020: Lei n.º 5/20 enacted (current AML/CFT law) Diário da República
The legal framework for virtual assets (VAs) and Virtual Asset Service Providers (VASPs) in Cabo Verde was establishe...
The legal framework for virtual assets (VAs) and Virtual Asset Service Providers (VASPs) in Cabo Verde was established by Decree-Law No. 5/2020 of January 27, 2020, which defines VAs and VASPs, brings them under the supervision of the Banco de Cabo Verde (BCV), and subjects them to AML/CFT obligations BCV Decree-Law No. 5/2020
Swiss National Bank (SNB): Monitors financial stability risks from crypto; no crypto issuance but collaborates on...
Swiss National Bank (SNB): Monitors financial stability risks from crypto; no crypto issuance but collaborates on DLT (e.g., BIS Innovation Hub agreement, October 8, 2019).
The primary legal framework for anti-money laundering in Tanzania is the Anti-Money Laundering Act, 2006 (Cap. 423 ...
The primary legal framework for anti-money laundering in Tanzania is the Anti-Money Laundering Act, 2006 (Cap. 423 R.E. 2019), as amended by the Anti-Money Laundering (Amendment) Act, No. 3 of 2019, which was enacted on March 15, 2019 and published in the Government Gazette Anti-Money Laundering Act, Consolidated to 2019.pdf) – Note: This link is to the Bill; the enacted Act (No. 3 of 2019) is not publicly hosted; the consolidated version is cited below.
HB 74 (signed February 26, 2019, Chapter 92): Created special purpose depository institutions (SPDI) banks for cr...
HB 74 (signed February 26, 2019, Chapter 92): Created special purpose depository institutions (SPDI) banks for crypto custody, treating deposits as bailments.
Joint Public Advisory (January 25, 2019): Issued by TTSEC, CBTT, and FIUTT, confirming cryptocurrencies are neith...
Joint Public Advisory (January 25, 2019): Issued by TTSEC, CBTT, and FIUTT, confirming cryptocurrencies are neither regulated nor supervised, with no consumer protections.
Public Warnings (Historical Reference): The BCEAO has historically issued press releases warning the public about...
Public Warnings (Historical Reference): The BCEAO has historically issued press releases warning the public about cryptocurrency risks. A notable example is a press release from December 5, 2018, which serves as a key reference for the BCEAO's restrictive stance. However, a direct, stable URL to this specific document is not readily accessible from the general BCEAO site; verification would require searching the "Communiqués de Presse" section in French BCEAO - Communiqués de Presse
AML/CFT framework: Benin's Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) legislation is prim...
AML/CFT framework: Benin's Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) legislation is primarily governed by Law No. 2018-22 of November 21, 2018, relating to the fight against money laundering and terrorism financing. This law requires financial institutions and designated non-financial businesses to report suspicious transactions to the Cellule Nationale de Traitement des Informations Financières (CENTIF). The law does not explicitly mention virtual assets or cryptocurrencies. However, Article 4 of the law defines "financial assets" broadly to include any instrument that can be used to obtain funds or assets, which could potentially be interpreted to cover cryptocurrencies. CENTIF - Law No. 2018-22 (full text of the AML law)
While the core Money Laundering Act (Hvitvaskingsloven) came into force on October 15, 2018, the specific provisi...
While the core Money Laundering Act (Hvitvaskingsloven) came into force on October 15, 2018, the specific provisions and interpretations applying the Travel Rule to virtual assets have been progressively clarified and enforced, especially following amendments and guidance issued by Finanstilsynet, aligning with the EU's 5AMLD (effective January 2020 for member states) and later 6AMLD.
SBP BPRD Circular No. 03 of 2018: Issued on April 06, 2018, this circular explicitly prohibits all banks, Microfi...
SBP BPRD Circular No. 03 of 2018: Issued on April 06, 2018, this circular explicitly prohibits all banks, Microfinance Banks (MFBs), and Payment System Operators (PSOs)/Payment Service Providers (PSPs) from:
Loi N° 003/2018 du 13 mars 2018 relative aux opérations de paiement et de monnaie électronique (Law N° 003/2018 of ...
Loi N° 003/2018 du 13 mars 2018 relative aux opérations de paiement et de monnaie électronique (Law N° 003/2018 of March 13, 2018, on Payment Operations and Electronic Money). This law defines electronic money, payment services, and sets the stage for their regulation.
Law to Regulate Financial Technology Companies (Fintech Law), enacted March 9, 2018: Defines virtual assets as el...
Law to Regulate Financial Technology Companies (Fintech Law), enacted March 9, 2018: Defines virtual assets as electronically registered value representations used for payments (not legal tender); empowers Banxico to regulate and authorizes AML/CTF extensions; requires risk disclosures.
The NBB has issued specific resolutions concerning digital tokens, including: (1) Resolution of the Board of the Nati...
The NBB has issued specific resolutions concerning digital tokens, including: (1) Resolution of the Board of the National Bank No. 49 of February 28, 2018, "On Approval of the Regulation on the Procedure for Carrying Out Operations with Digital Tokens by Residents of the High-Tech Park," and (2) Resolution No. 85 of April 10, 2020, amending the procedure for reporting on digital token transactions by HTP residents. These documents detail the operational requirements for banks dealing with HTP crypto residents NBB Resolution No. 49 and NBB Resolution No. 85.
Fact qa.stablecoin.the-qcb-has-issued-general: The QCB issued Circular No. 1 of 2018 (dated January 22, 2018)...
Fact qa.stablecoin.the-qcb-has-issued-general: The QCB issued Circular No. 1 of 2018 (dated January 22, 2018) prohibiting licensed financial institutions in Qatar from dealing in virtual assets, including cryptocurrencies. This circular explicitly prohibits QCB-licensed entities from trading, exchanging, or providing services related to digital currencies. While this circular does not specifically mention stablecoins, they are covered under the broad prohibition on virtual/digital currencies. The QCB has subsequently issued general consumer warnings about the risks of virtual assets. QCB Circular No. 1 of 2018 QCB Consumer Warnings
The Bangladesh Bank issued DOS Circular Letter No. 1 on December 24, 2017, explicitly warning that any person exchang...
The Bangladesh Bank issued DOS Circular Letter No. 1 on December 24, 2017, explicitly warning that any person exchanging, transferring, or supporting transactions with virtual currency is violating the Foreign Exchange Regulation Act, 1947, Anti-Money Laundering Act, 2012, and Anti-Terrorism Act, 2009 Bangladesh Bank Circular 2017
December 24, 2017: Bangladesh Bank issues first major circular prohibiting virtual currency transactions
December 24, 2017: Bangladesh Bank issues first major circular prohibiting virtual currency transactions
The primary regulatory framework for cryptocurrency and digital token activities in Belarus is established by the Dec...
The primary regulatory framework for cryptocurrency and digital token activities in Belarus is established by the Decree of the President of the Republic of Belarus No. 8 "On the Development of the Digital Economy" (signed December 21, 2017, effective March 28, 2018). This decree governs activities exclusively conducted by residents of the High-Tech Park (HTP) Presidential Decree No. 8.
Money Laundering and Terrorist Financing Prevention Act (MLTFPA, amended November 27, 2017; further March 2022): ...
Money Laundering and Terrorist Financing Prevention Act (MLTFPA, amended November 27, 2017; further March 2022): Defines virtual currencies; requires licenses for services, AML/CFT (customer due diligence, monitoring); VASPs treated as financial institutions since March 2020; remains relevant for AML post-MiCA.
The Money Laundering and Terrorist Financing Prevention Act (MLTFPA), amended November 27, 2017 and further in Ma...
The Money Laundering and Terrorist Financing Prevention Act (MLTFPA), amended November 27, 2017 and further in March 2022, defines virtual currencies, requires licenses for services, and mandates AML/CFT procedures (customer due diligence, monitoring); VASPs have been treated as financial institutions since March 2020, and the framework remains relevant for AML post-MiCA Estonian Financial Supervision Authority
Announcement on Preventing Token Issuance Financing Risks (September 4, 2017): Primary document banning ICOs and ...
Announcement on Preventing Token Issuance Financing Risks (September 4, 2017): Primary document banning ICOs and token trading. Full text: https://www.pboc.gov.cn/goutongxin/201709/t20170908_987533.html (People’s Bank of China site; Chinese).
Effective Date: A specific "effective date" for the Travel Rule itself is not readily available for Benin. Instea...
Effective Date: A specific "effective date" for the Travel Rule itself is not readily available for Benin. Instead, the obligations would likely be deemed effective as soon as virtual asset activities fall under the scope of existing or amended AML/CFT laws, or any specific directives issued by supervisory authorities. Law N°2017-15 was effective from June 19, 2017. Subsequent guidance or decrees might clarify VASP obligations. Droit-Afrique.com - Loi N°2017-15
Law No. 2016/007: Cameroon has a general Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)...
Law No. 2016/007: Cameroon has a general Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) law enacted on July 12, 2016 African Legal Network Analysis
AML/CFT: Secondary trading platforms and intermediaries would be subject to Panama's AML/CFT framework, notably ...
AML/CFT: Secondary trading platforms and intermediaries would be subject to Panama's AML/CFT framework, notably Law No. 23 of April 27, 2015, and subsequent amendments, which require customer due diligence (KYC), suspicious transaction reporting, and other compliance measures.
Official Gazette Publication: The resolution was published in the Official Register (Registro Oficial No. 272 o...
Official Gazette Publication: The resolution was published in the Official Register (Registro Oficial No. 272 of July 29, 2014). While direct URLs for historical resolutions can be ephemeral, legal researchers can access this through the BCE's historical publications archive or authorized legal databases BCE Official Communication. Academic discussions and BCE historical statements on digital currencies consistently reflect this stance BCE Official Communication.
Legal Basis: Resolution 014-2014-M (or its subsequent reiterations) issued by the Monetary and Financial Poli...
Legal Basis: Resolution 014-2014-M (or its subsequent reiterations) issued by the Monetary and Financial Policy and Regulation Board (Junta de Política y Regulación Monetaria y Financiera) and implemented by the Central Bank of Ecuador (BCE). This resolution, dated July 28, 2014, effectively banned private cryptocurrencies, stating that they are not recognized as legal tender and cannot be used as a means of payment within the country.
BCB Resolution N° 044/2014 (May 6, 2014): This resolution explicitly prohibits financial institutions regulated b...
BCB Resolution N° 044/2014 (May 6, 2014): This resolution explicitly prohibits financial institutions regulated by the Authority for Financial System Supervision (ASFI) from using, commercializing, or trading cryptocurrencies (referred to as "any type of currency not issued and regulated by governments"). It also prohibits the use of such currencies in payment systems. While the resolution directly targets regulated entities, its broad wording and the BCB's monetary authority effectively ban the use of cryptocurrencies for any transaction within Bolivia.
Reason: Bolivia's central bank, the Banco Central de Bolivia (BCB), issued Resolution 042/2014 on May 6, 2014...
Reason: Bolivia's central bank, the Banco Central de Bolivia (BCB), issued Resolution 042/2014 on May 6, 2014, which explicitly prohibits the use of "any type of currency not issued and regulated by the state, such as Bitcoin, for financial transactions and investments." This effectively bans the operation of virtual assets and, by extension, virtual asset service providers (VASPs) within Bolivia's formal financial system.
April 1, 2014 (PBOC Order): Required closure of crypto trading accounts by banks/payment firms.
April 1, 2014 (PBOC Order): Required closure of crypto trading accounts by banks/payment firms.
February 10, 2014: Law No. 3/14 enacted (subsequently repealed) Diário da República
February 10, 2014: Law No. 3/14 enacted (subsequently repealed) Diário da República
December 5, 2013 (PBOC Notice): Classified Bitcoin as a virtual commodity (not legal tender); banned financial/pa...
December 5, 2013 (PBOC Notice): Classified Bitcoin as a virtual commodity (not legal tender); banned financial/payment institutions from handling it.
Loi du 11 novembre 2013 relative à la Lutte Contre le Blanchiment d'Argent et le Financement du Terrorisme (Law of ...
Loi du 11 novembre 2013 relative à la Lutte Contre le Blanchiment d'Argent et le Financement du Terrorisme (Law of November 11, 2013, relating to the Fight Against Money Laundering and the Financing of Terrorism): This is the cornerstone of Haiti's AML/CFT framework. It defines money laundering and terrorist financing offenses, sets out reporting obligations for designated non-financial businesses and professions (DNFBPs) and financial institutions, and establishes the powers of the UCREF.
Law of Turkmenistan "On Combating Legalization of Illegally Obtained Proceeds and Financing of Terrorism" (Adopte...
Law of Turkmenistan "On Combating Legalization of Illegally Obtained Proceeds and Financing of Terrorism" (Adopted on August 25, 2012, with potential subsequent amendments).
December 12, 2011: Law No. 34/11 enacted (foundational AML/CFT law) Diário da República
December 12, 2011: Law No. 34/11 enacted (foundational AML/CFT law) Diário da República
Law of the Kyrgyz Republic on Combating the Financing of Terrorism and Legalization (Laundering) of Criminal Procee...
Law of the Kyrgyz Republic on Combating the Financing of Terrorism and Legalization (Laundering) of Criminal Proceeds (No. 87, dated July 25, 2011, with subsequent amendments). This law establishes the legal and organizational framework for AML/CFT, defines the obligations of reporting entities, and outlines the role of the financial intelligence unit.
Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) Laws: Burundi, like most countries, has AML/CFT...
Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) Laws: Burundi, like most countries, has AML/CFT laws (e.g., Law N°1/04 of February 24, 2010 on the Fight against Money Laundering and the Financing of Terrorism, and subsequent amendments) that would generally apply to financial transactions and institutions. While these laws do not explicitly mention cryptocurrencies, financial institutions facilitating any transactions that involve digital assets might be expected to adhere to general AML/CFT principles if they were to engage in such activities.
Central Bank of Bahrain (CBB), established on September 6, 2006 (Source).
Central Bank of Bahrain (CBB), established on September 6, 2006 (Source).
Ordinance No. 03-04 of July 19, 2003, on Capital Markets defines what constitutes "securities" and "financial ins...
Ordinance No. 03-04 of July 19, 2003, on Capital Markets defines what constitutes "securities" and "financial instruments" in the traditional sense and establishes the COSOB. This ordinance would serve as the basis for any future crypto securities regulation, but currently has no application to virtual currencies Journal Officiel Algeria
Adopted and Effective Date: Adopted via FinCEN's 2019 clarification that BSA AML/CFT requirements, including the ...
Adopted and Effective Date: Adopted via FinCEN's 2019 clarification that BSA AML/CFT requirements, including the Travel Rule, extend to CVC transactions. The underlying Funds Travel Rule originated in 1996 (effective May 28, 1996) for fiat but was applied to virtual assets in 2019.
The U.S. Travel Rule originates from the Bank Secrecy Act (BSA), implemented by FinCEN in 1996 for traditional financ...
The U.S. Travel Rule originates from the Bank Secrecy Act (BSA), implemented by FinCEN in 1996 for traditional financial institutions under 31 CFR 1010.410(f), effective May 28, 1996.FinCEN Funds Travel Regulations
The UN Charter, Article 25, requires all member states to accept and carry out Security Council decisions. Kyrgyzstan...
The UN Charter, Article 25, requires all member states to accept and carry out Security Council decisions. Kyrgyzstan joined the UN on March 2, 1992, and has consistently supported UN sanctions regimes through domestic legislation UN Charter.