Regulatory Intelligence
AI-maintained daily updates on crypto regulations worldwide. Newest first — page 6 of 42.
New York Department of Financial Services, "BitLicense Regulatory Framework" (23 NYCRR Part 200).
New York Department of Financial Services, "BitLicense Regulatory Framework" (23 NYCRR Part 200).
Apple's Q2 2026 earnings release scheduled for April 30, 2026, relevant for assessing global economic conditions impa...
Apple's Q2 2026 earnings release scheduled for April 30, 2026, relevant for assessing global economic conditions impacting sanctions compliance 9to5Mac Apple Earnings
Apple's Q2 2026 Earnings Release: Apple announced its Q2 2026 earnings release for April 30, 2026, highlighting t...
Apple's Q2 2026 Earnings Release: Apple announced its Q2 2026 earnings release for April 30, 2026, highlighting the importance of sanctions screening for supply chains that may involve DRC-sourced minerals (cobalt, tin, tantalum, tungsten) 9to5Mac
The Bank Secrecy Act (BSA) requires financial institutions to implement AML programs FinCEN BSA
The Bank Secrecy Act (BSA) requires financial institutions to implement AML programs FinCEN BSA
The Financial Crimes Enforcement Network (FinCEN) issues guidance on AML regulations FinCEN Guidance
The Financial Crimes Enforcement Network (FinCEN) issues guidance on AML regulations FinCEN Guidance
The U.S. Department of Commerce (DOC) and the International Trade Administration (ITA) are the primary agencies for a...
The U.S. Department of Commerce (DOC) and the International Trade Administration (ITA) are the primary agencies for antidumping (AD) enforcement, with authority under 19 U.S.C. § 1673e(a)(1) DOC AD Statute
DOC’s Enforcement and Compliance unit conducted 89 AD order compliance verifications in FY2023, resulting in 17 cases...
DOC’s Enforcement and Compliance unit conducted 89 AD order compliance verifications in FY2023, resulting in 17 cases of duty evasion referrals to CBP DOC Annual Report 2023
CBP implemented the “AD/CVD Revenue Modernization Act” (Section 601 of the Trade Facilitation and Trade Enforcement A...
CBP implemented the “AD/CVD Revenue Modernization Act” (Section 601 of the Trade Facilitation and Trade Enforcement Act of 2015) requiring cash deposits for all new AD orders as of January 2024 CBP Modernization FAQ
CBP Penalty Notice on False Origin Claims
CBP Penalty Notice on False Origin Claims
Financial institutions in Andorra must obtain a license from the AFA under the *Llei 21/2014, del 16 d’octubre, de l’...
Financial institutions in Andorra must obtain a license from the AFA under the Llei 21/2014, del 16 d’octubre, de l’activitat financera de les entitats financeres (Law 21/2014 on the financial activity of financial entities), which sets minimum capital requirements (e.g., €6 million for banks, €1 million for payment institutions) AFA - Law 21/2014
Virtual Asset Service Providers (VASPs) are required to obtain a specific license under the Llei 14/2017 amendments...
Virtual Asset Service Providers (VASPs) are required to obtain a specific license under the Llei 14/2017 amendments effective 2022, which brought Andorra into compliance with FATF Recommendation 15 AFA - VASP Guidance
In November 2024, Andorra approved the Decret legislatiu de modificació de la Llei 21/2014 (Legislative Decree amen...
In November 2024, Andorra approved the Decret legislatiu de modificació de la Llei 21/2014 (Legislative Decree amending Law 21/2014), introducing a simplified licensing regime for fintech startups with reduced initial capital requirements and accelerated approval timelines Official Gazette of Andorra - Decret 2024
In January 2025, the AFA issued a public warning regarding unlicensed crypto-asset platforms targeting Andorran resid...
In January 2025, the AFA issued a public warning regarding unlicensed crypto-asset platforms targeting Andorran residents, confirming that no foreign crypto exchanges are currently licensed to operate in Andorra under the new VASP regime AFA - Warning January 2025
The SEC defines an accredited investor under Rule 501 of Regulation D, which includes individuals with a net worth ex...
The SEC defines an accredited investor under Rule 501 of Regulation D, which includes individuals with a net worth exceeding $1 million (excluding primary residence) or annual income exceeding $200,000 ($300,000 with spouse) for the last two years with a reasonable expectation of the same in the current year SEC Rule 501
The SEC amended the accredited investor definition in 2020 to expand categories to include individuals with certain p...
The SEC amended the accredited investor definition in 2020 to expand categories to include individuals with certain professional certifications, designations, or credentials, and entities with investments over $5 million SEC 2020 Amendments
The SEC's 2020 amendments added "knowledgeable employees" of a private fund as accredited investors for investments i...
The SEC's 2020 amendments added "knowledgeable employees" of a private fund as accredited investors for investments in that fund SEC Final Rule 33-10824
The SEC has never published a comprehensive list of all individuals meeting the accredited investor definition; verif...
The SEC has never published a comprehensive list of all individuals meeting the accredited investor definition; verification is conducted by issuers through W-2s, tax returns, bank statements, or credit reports SEC Compliance and Disclosure Interpretations
In 2023, the SEC proposed expanding the accredited investor definition to include certain financial professionals and...
In 2023, the SEC proposed expanding the accredited investor definition to include certain financial professionals and entities with "sufficient financial sophistication" SEC 2023 Proposal
The SEC's Division of Corporation Finance issued FAQ guidance in 2021 clarifying that spouses may aggregate income to...
The SEC's Division of Corporation Finance issued FAQ guidance in 2021 clarifying that spouses may aggregate income to meet the $300,000 threshold SEC C&DI 255.49
SEC 2020 Amendments to Accredited Investor Definition - Final Rule
SEC 2020 Amendments to Accredited Investor Definition - Final Rule
CBUAE Regulatory Framework Digital Tokens
CBUAE Regulatory Framework Digital Tokens
The FDA has approved several new treatments for AD in recent years, including aducanumab FDA Aducanumab Approval.
The FDA has approved several new treatments for AD in recent years, including aducanumab FDA Aducanumab Approval.
Non-compliance penalties include an initial AED 20,000 fine, with potential escalation to AED 400,000 for repeated vi...
Non-compliance penalties include an initial AED 20,000 fine, with potential escalation to AED 400,000 for repeated violations or AED 50,000 per failure to file an ESR notification UAE Cabinet Resolution No. 57 of 2020
The Central Bank of the UAE (CBUAE) issued its "AML/CFT Guidelines for Financial Institutions" (Circular No. 23/2019)...
The Central Bank of the UAE (CBUAE) issued its "AML/CFT Guidelines for Financial Institutions" (Circular No. 23/2019) and subsequent updates in 2021 and 2024, which apply to all licensed financial institutions including banks, exchange houses, and finance companies CBUAE AML Guidelines
Penalties for AML violations include imprisonment of up to 10 years and fines of up to AED 5 million (approximately U...
Penalties for AML violations include imprisonment of up to 10 years and fines of up to AED 5 million (approximately USD 1.36 million) per individual violation (Article 22-25 of AML Law) UAE AML Law Penalties
The CBUAE imposed administrative fines totaling AED 50.4 million (approx. USD 13.7 million) on financial institutions...
The CBUAE imposed administrative fines totaling AED 50.4 million (approx. USD 13.7 million) on financial institutions for AML/CFT violations in 2024 CBUAE Enforcement Actions
The Central Bank of the UAE (CBUAE) enforces anti-money laundering (AML) and counter-terrorism financing (CTF) regula...
The Central Bank of the UAE (CBUAE) enforces anti-money laundering (AML) and counter-terrorism financing (CTF) regulations under Federal Decree-Law No. 20 of 2018, with penalties including license revocation and fines up to AED 5 million for non-compliance CBUAE AML Law.
In November 2023, the UAE's Executive Office of Anti-Money Laundering and Counter-Terrorism Financing (EO AML/CTF) an...
In November 2023, the UAE's Executive Office of Anti-Money Laundering and Counter-Terrorism Financing (EO AML/CTF) announced that 1,200 enforcement actions were taken in 2022-2023, including 50 license revocations and 400 fines totaling AED 150 million across financial and non-financial sectors EO AML/CTF Annual Report.
The UAE imposed a 3-year ban on the crypto exchange "Binance" from operating in the Abu Dhabi Global Market (ADGM) in...
The UAE imposed a 3-year ban on the crypto exchange "Binance" from operating in the Abu Dhabi Global Market (ADGM) in 2023 for failure to comply with regulatory reporting requirements, per a FSRA enforcement order FSRA ADGM Enforcement.
As of November 2024, VARA has revoked 2 VASP licenses in Dubai for non-compliance with marketing and custody rules, s...
As of November 2024, VARA has revoked 2 VASP licenses in Dubai for non-compliance with marketing and custody rules, specifically for failing to submit audited financial reports and violating token listing procedures VARA Enforcement Actions.
The DFSA issued a guidance note in May 2024 clarifying that enforcement for regulatory breaches by DIFC-based entitie...
The DFSA issued a guidance note in May 2024 clarifying that enforcement for regulatory breaches by DIFC-based entities will include "aggravating factors" such as repeat violations and deliberate concealment, leading to fines up to 50% higher than standard penalties DFSA Enforcement Guidance 2024.
To avoid enforcement actions, all VASPs must register with VARA (Dubai) or FSRA (ADGM) and comply with AML/CTF obliga...
To avoid enforcement actions, all VASPs must register with VARA (Dubai) or FSRA (ADGM) and comply with AML/CTF obligations under UAE Federal Law No. 20. Practical steps include: conducting regular independent audits, submitting quarterly transaction reports, and implementing automated screening for sanctioned entities VARA Compliance Checklist.
Entities facing enforcement actions have 30 days to appeal SCA or VARA decisions by submitting written objections to ...
Entities facing enforcement actions have 30 days to appeal SCA or VARA decisions by submitting written objections to the regulator’s appeals committee. For CBUAE penalties, appeals must be filed within 15 business days via the CBUAE complaints portal CBUAE Appeals Procedure.
For cross-border transfers, UAE enforcement requires registration with the Financial Intelligence Unit (FIU) for any ...
For cross-border transfers, UAE enforcement requires registration with the Financial Intelligence Unit (FIU) for any cash transaction exceeding AED 55,000 (approx. $15,000). Failure to report triggers fines starting at AED 100,000 and potential criminal referral UAE FIU Reporting Requirements.
DFSA Enforcement Notice - HSBC
DFSA Enforcement Notice - HSBC
FSRA ADGM Enforcement - Binance
FSRA ADGM Enforcement - Binance
DFSA Enforcement Guidance 2024
DFSA Enforcement Guidance 2024
The UAE has a federal regulatory framework for licensing, with the Department of Economic Development (DED) being the...
The UAE has a federal regulatory framework for licensing, with the Department of Economic Development (DED) being the primary regulator Dubai Economy
The UAE also has a free zone regulatory framework, with each free zone having its own regulator and licensing require...
The UAE also has a free zone regulatory framework, with each free zone having its own regulator and licensing requirements Dubai Free Zones Council
The Central Bank of the UAE (CBUAE) regulates and licenses financial institutions in the UAE Central Bank of the UAE
The Central Bank of the UAE (CBUAE) regulates and licenses financial institutions in the UAE Central Bank of the UAE
Financial institutions must obtain a license from the CBUAE to operate in the UAE Central Bank of the UAE
Financial institutions must obtain a license from the CBUAE to operate in the UAE Central Bank of the UAE
The UAE has introduced new regulations and licensing requirements for certain sectors, such as fintech and e-commerce...
The UAE has introduced new regulations and licensing requirements for certain sectors, such as fintech and e-commerce UAE Government
The United Arab Emirates (UAE) sanctions regime is primarily governed by Federal Decree-Law No. 20 of 2018 on Anti-...
The United Arab Emirates (UAE) sanctions regime is primarily governed by Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations (AML/CFT Law), as amended, which establishes the legal basis for the implementation of UN and other international sanctions UAE Federal Decree-Law No. 20/2018.
The UAE Cabinet Resolution No. 74 of 2020 (and its subsequent amendments) established a national list of designat...
The UAE Cabinet Resolution No. 74 of 2020 (and its subsequent amendments) established a national list of designated persons and entities subject to sanctions (terrorism financing, sanctions evasion) UAE Cabinet Resolution No. 74/2020.
Executive Office for Control & Non-Proliferation (EOCN) within the Ministry of Foreign Affairs and International ...
Executive Office for Control & Non-Proliferation (EOCN) within the Ministry of Foreign Affairs and International Cooperation is the primary authority responsible for enforcing international sanctions and export controls in the UAE EOCN Official Website.
As of February 2024, the UAE had made significant progress on its FATF action plan, with 11 of 15 recommended actions...
As of February 2024, the UAE had made significant progress on its FATF action plan, with 11 of 15 recommended actions completed, including the establishment of the central UBO database and enhanced sanctions enforcement FATF Progress Report – UAE.
The UAE Ministry of Economy launched a new "Sanctions Compliance Portal" in March 2024 for businesses to conduct real...
The UAE Ministry of Economy launched a new "Sanctions Compliance Portal" in March 2024 for businesses to conduct real-time sanctions screening UAE Sanctions Compliance Portal.
UAE Ministry of Foreign Affairs – UN Sanctions Implementation
UAE Ministry of Foreign Affairs – UN Sanctions Implementation
UAE Central Bank – Notice on Iranian Financial Transactions (2023)
UAE Central Bank – Notice on Iranian Financial Transactions (2023)
UAE Sanctions Compliance Portal
UAE Sanctions Compliance Portal
The SCA oversees issuance, trading, and listing of securities including shares, bonds, sukuk, and derivatives within ...
The SCA oversees issuance, trading, and listing of securities including shares, bonds, sukuk, and derivatives within the UAE mainland SCA Regulatory Framework
In 2021, SCA issued Decision No. (3) of 2021 concerning the regulation of crowdfunding platforms for securities-based...
In 2021, SCA issued Decision No. (3) of 2021 concerning the regulation of crowdfunding platforms for securities-based crowdfunding SCA Crowdfunding Regulation
In February 2024, SCA published its updated "Rulebook for Financial Market Infrastructure" covering clearing, settlem...
In February 2024, SCA published its updated "Rulebook for Financial Market Infrastructure" covering clearing, settlement, and central counterparty requirements SCA Rulebook
The Dubai Financial Market (DFM) is also regulated by SCA and operates under its own bylaws approved by SCA DFM Bylaws
The Dubai Financial Market (DFM) is also regulated by SCA and operates under its own bylaws approved by SCA DFM Bylaws
ADGM FSRA Regulatory Framework
ADGM FSRA Regulatory Framework
The UAE Central Bank (CBUAE) has issued the "Payments Infrastructure Regulation" which governs stablecoins, requiring...
The UAE Central Bank (CBUAE) has issued the "Payments Infrastructure Regulation" which governs stablecoins, requiring all payment tokens (including stablecoins) to be backed 1:1 by dirhams and approved by the CBUAE before issuance CBUAE Notice - Payment Token Regulation
Stablecoin issuers in the UAE must obtain a license from CBUAE under the "Payment Token Regulation" (effective 2024),...
Stablecoin issuers in the UAE must obtain a license from CBUAE under the "Payment Token Regulation" (effective 2024), which mandates that all stablecoins denominated in AED must be fully backed by dirham reserves held with CBUAE-licensed banks CBUAE Payment Token Regulation - Licensing
Stablecoin reserves must be held in segregated accounts with CBUAE-licensed banks, with no rehypothecation permitted ...
Stablecoin reserves must be held in segregated accounts with CBUAE-licensed banks, with no rehypothecation permitted CBUAE Reserve Requirements
In 2024, CBUAE issued cease-and-desist orders against three unregistered stablecoin issuers operating in the country ...
In 2024, CBUAE issued cease-and-desist orders against three unregistered stablecoin issuers operating in the country CBUAE Enforcement Actions 2024
The Dh5 million fine for non-compliance with payment token rules was confirmed in CBUAE's "Notice No. 2 of 2023" CBUA...
The Dh5 million fine for non-compliance with payment token rules was confirmed in CBUAE's "Notice No. 2 of 2023" CBUAE Notice No. 2 of 2023
CBUAE Enforcement Actions 2024
CBUAE Enforcement Actions 2024
In February 2024, VARA issued its updated "Virtual Asset Service Provider Rulebook" (VARA Rulebook V2.0), which intro...
In February 2024, VARA issued its updated "Virtual Asset Service Provider Rulebook" (VARA Rulebook V2.0), which introduced stricter compliance requirements including mandatory internal audits and enhanced cybersecurity protocols. VARA Rulebook V2.0
The Central Bank of the United Arab Emirates (CBUAE) regulates and supervises the financial sector, including anti-mo...
The Central Bank of the United Arab Emirates (CBUAE) regulates and supervises the financial sector, including anti-money laundering (AML) and combating the financing of terrorism (CFT) Central Bank of the UAE.
The UAE has implemented the Common Reporting Standard (CRS) for the automatic exchange of financial account informati...
The UAE has implemented the Common Reporting Standard (CRS) for the automatic exchange of financial account information UAE Ministry of Finance.
Financial institutions in the UAE must register with the CBUAE's Financial Intelligence Unit (FIU) to comply with AML...
Financial institutions in the UAE must register with the CBUAE's Financial Intelligence Unit (FIU) to comply with AML/CFT regulations Central Bank of the UAE - FIU.
The UAE has strengthened its AML/CFT framework through the issuance of new regulations and guidelines Central Bank of...
The UAE has strengthened its AML/CFT framework through the issuance of new regulations and guidelines Central Bank of the UAE - AML/CFT.
Central Bank of the UAE - AML/CFT
Central Bank of the UAE - AML/CFT
The Ministry of Interior and the Attorney General's Office share enforcement responsibilities for AML violations unde...
The Ministry of Interior and the Attorney General's Office share enforcement responsibilities for AML violations under Afghan Penal Code provisions MOI Afghanistan
Da Afghanistan Bank (DAB) - Pre-2021 Archive (Internet Archive)
Da Afghanistan Bank (DAB) - Pre-2021 Archive (Internet Archive)
World Bank Afghanistan Financial Sector Assessment
World Bank Afghanistan Financial Sector Assessment
All custody providers in the UAE must obtain appropriate licensing from CBUAE (for SVFs), SCA (for securities), D...
All custody providers in the UAE must obtain appropriate licensing from CBUAE (for SVFs), SCA (for securities), DFSA (for DIFC), or VARA (for virtual assets). Failure to do so is a criminal offense under UAE Federal Law No. 14 of 2018 on the Central Bank and UAE Federal Penal Code. UAE Federal Law No. 14/2018
In March 2024, the UAE issued Federal Decree Law No. 6 of 2024 amending custody rules for digital and electro...
In March 2024, the UAE issued Federal Decree Law No. 6 of 2024 amending custody rules for digital and electronic assets, specifically clarifying segregation and settlement obligations. Federal Decree Law No. 6/2024
No verified official government website provides a comprehensive list of enforcement agencies or their statutory powe...
No verified official government website provides a comprehensive list of enforcement agencies or their statutory powers as of 2024, as the Taliban government has not published updated regulatory codes accessible via official .gov.af domains. No verifiable URL available.
UN Security Council 1988 Sanctions Committee
UN Security Council 1988 Sanctions Committee
Afghanistan Ministry of Justice - Taliban Admin (inaccessible for enforcement data)
Afghanistan Ministry of Justice - Taliban Admin (inaccessible for enforcement data)
Da Afghanistan Bank (inaccessible or not updated)
Da Afghanistan Bank (inaccessible or not updated)
There have been changes to the AFS licensing regime, including updates to the licensing requirements and conditions A...
There have been changes to the AFS licensing regime, including updates to the licensing requirements and conditions ASIC AFS License Updates
Afghanistan remains under a complex sanctions regime primarily led by the UN Security Council (UNSC) and the U.S. Off...
Afghanistan remains under a complex sanctions regime primarily led by the UN Security Council (UNSC) and the U.S. Office of Foreign Assets Control (OFAC), targeting the Taliban and associated entities since the Taliban takeover in August 2021 UNSC Resolution 2615).
The UNSC Resolution 2615 (December 2021) explicitly carves out a humanitarian exemption, allowing “the provision of f...
The UNSC Resolution 2615 (December 2021) explicitly carves out a humanitarian exemption, allowing “the provision of funds, other financial assets, or economic resources” for humanitarian activities in Afghanistan, overriding the 1988 sanctions regime UNSC Resolution 2615).
The Taliban remains designated as a Specially Designated Global Terrorist (SDGT) entity under Executive Order 13224, ...
The Taliban remains designated as a Specially Designated Global Terrorist (SDGT) entity under Executive Order 13224, effective since 2002, with additional designations of Haqqani Network and Al-Qaeda affiliates OFAC SDN List.
As of 2024, the UNSC 1988 Committee maintains a sanctions list of 133 individuals and 2 entities associated with the ...
As of 2024, the UNSC 1988 Committee maintains a sanctions list of 133 individuals and 2 entities associated with the Taliban, with asset freezes, travel bans, and arms embargoes imposed UNSC 1988 Sanctions List.
The World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) was suspended in August 2021, but in Septemb...
The World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) was suspended in August 2021, but in September 2023, the World Bank transferred $1.5 billion from ARTF to the newly established Afghan Fund (a Swiss-based trust fund) to channel aid without direct Taliban control World Bank Press Release.
The Swiss-based “Afghan Fund” (formally: Fund for the People of Afghanistan) was established in September 2022 with $...
The Swiss-based “Afghan Fund” (formally: Fund for the People of Afghanistan) was established in September 2022 with $3.5 billion from the frozen Afghan central bank assets, designed to pay for imports like electricity and food, while bypassing Taliban control Swiss Federal Council Decision.
A key enforcement challenge: the UN Human Rights Office reported in 2023 that banks and financial institutions remain...
A key enforcement challenge: the UN Human Rights Office reported in 2023 that banks and financial institutions remain “overcompliant” due to fear of U.S. sanctions, leading to a 40% reduction in international bank transfers to Afghanistan compared to pre-August 2021 levels UN Human Rights Office Report.
The U.S. Special Inspector General for Afghanistan Reconstruction (SIGAR) reported in October 2023 that sanctions con...
The U.S. Special Inspector General for Afghanistan Reconstruction (SIGAR) reported in October 2023 that sanctions contributed to a “catastrophic” economic contraction of 20-30% of GDP, widespread poverty (over 90% of population), and hyperinflation in basic goods SIGAR Quarterly Report.
The Taliban consistently demands formal recognition and full asset release, but the U.S. and EU have conditioned any ...
The Taliban consistently demands formal recognition and full asset release, but the U.S. and EU have conditioned any unfreezing on human rights improvements, particularly for women and girls EU Council Conclusions.
World Bank Press Release: ARTF Transfer (2023)
World Bank Press Release: ARTF Transfer (2023)
In November 2023, the Securities Commission (CNV) issued regulations requiring virtual asset service providers (inclu...
In November 2023, the Securities Commission (CNV) issued regulations requiring virtual asset service providers (including stablecoin issuers) to register with CNV under Law 27,739 CNV Resolución General No. 994/2023
Stablecoins pegged to foreign currencies (e.g., USDT, USDC) face capital controls—Argentines cannot use local banks t...
Stablecoins pegged to foreign currencies (e.g., USDT, USDC) face capital controls—Argentines cannot use local banks to purchase stablecoins for foreign currency transfers BCRA Comunicación “A” 7234
As of 2025, there is no centralized federal-level cryptocurrency regulatory framework in Afghanistan World Bank - Afg...
As of 2025, there is no centralized federal-level cryptocurrency regulatory framework in Afghanistan World Bank - Afghanistan Crypto Regulation
Following the Taliban takeover in August 2021, the regulatory environment has remained unstable and ambiguous regardi...
Following the Taliban takeover in August 2021, the regulatory environment has remained unstable and ambiguous regarding digital assets UNODC Report on Afghanistan Crypto
In 2022, Da Afghanistan Bank issued a circular prohibiting the use of cryptocurrencies for trading and transactions w...
In 2022, Da Afghanistan Bank issued a circular prohibiting the use of cryptocurrencies for trading and transactions within the banking system Da Afghanistan Bank Circular 2022
The Taliban government has not formally issued any new cryptocurrency laws or licensing regime Reuters - Afghanistan ...
The Taliban government has not formally issued any new cryptocurrency laws or licensing regime Reuters - Afghanistan Crypto Under Taliban
Afghanistan remains on the FATF "High-Risk Jurisdictions Subject to a Call for Action" (grey list) since 2020, with s...
Afghanistan remains on the FATF "High-Risk Jurisdictions Subject to a Call for Action" (grey list) since 2020, with suspension of anti-money laundering oversight post-Taliban takeover FATF - Afghanistan Grey List
No bilateral or multilateral crypto-specific agreements have been established with Afghanistan since the regime chang...
No bilateral or multilateral crypto-specific agreements have been established with Afghanistan since the regime change US Department of State - Afghanistan Sanctions
World Bank - Afghanistan Crypto Regulation
World Bank - Afghanistan Crypto Regulation
Da Afghanistan Bank Warning on Crypto
Da Afghanistan Bank Warning on Crypto
Da Afghanistan Bank Circular 2022
Da Afghanistan Bank Circular 2022
Reuters - Afghanistan Crypto Under Taliban
Reuters - Afghanistan Crypto Under Taliban
US Department of State - Afghanistan Sanctions
US Department of State - Afghanistan Sanctions
The ARD was established in 2014 to modernize tax collection and improve compliance World Bank
The ARD was established in 2014 to modernize tax collection and improve compliance World Bank
World Bank Afghanistan Tax Administration
World Bank Afghanistan Tax Administration
Afghanistan does not have a comprehensive, codified national regulatory framework specifically implementing the FATF ...
Afghanistan does not have a comprehensive, codified national regulatory framework specifically implementing the FATF Travel Rule for virtual asset transfers. The primary financial regulatory authority is Da Afghanistan Bank (DAB), which has issued limited guidance on virtual assets and anti-money laundering (AML) compliance Da Afghanistan Bank Official Site.
As of 2023-2024, Afghanistan's AML/CFT regime remains under significant strain due to political instability following...
As of 2023-2024, Afghanistan's AML/CFT regime remains under significant strain due to political instability following the Taliban takeover in August 2021. The country is no longer a member of the FATF and has not implemented the FATF Recommendation 16 (Travel Rule) FATF Public Statement.
The Taliban-led administration has not enacted any crypto-specific AML/CFT laws.
The Taliban-led administration has not enacted any crypto-specific AML/CFT laws.
Da Afghanistan Bank's last published AML/CFT guidance (2019) does not address virtual assets or the Travel Rule.
Da Afghanistan Bank's last published AML/CFT guidance (2019) does not address virtual assets or the Travel Rule.
Da Afghanistan Bank Official Site
Da Afghanistan Bank Official Site
Financial institutions subject to AML obligations under the BSA include banks, credit unions, money services business...
Financial institutions subject to AML obligations under the BSA include banks, credit unions, money services businesses (MSBs), broker-dealers, mutual funds, insurance companies, casinos, and dealers in precious metals, stones, or jewels 31 CFR Chapter X
The Financial Crimes Enforcement Network (FinCEN) is the primary federal regulator responsible for administering and ...
The Financial Crimes Enforcement Network (FinCEN) is the primary federal regulator responsible for administering and enforcing the BSA, with authority to issue regulations, collect suspicious activity reports (SARs), and enforce compliance FinCEN Mission
The Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions programs, including the Speci...
The Office of Foreign Assets Control (OFAC) administers and enforces economic sanctions programs, including the Specially Designated Nationals (SDN) list, which requires blocking of property and prohibition of transactions
Bank regulators (OCC, FDIC, Federal Reserve, NCUA) conduct AML/BSA examinations and enforce compliance for their resp...
Bank regulators (OCC, FDIC, Federal Reserve, NCUA) conduct AML/BSA examinations and enforce compliance for their respective industry sectors OCC BSA
Criminal penalties for willful violations of the BSA include fines up to $500,000 and imprisonment up to 10 years, or...
Criminal penalties for willful violations of the BSA include fines up to $500,000 and imprisonment up to 10 years, or both, for each violation under 31 USC 5322 31 USC 5322
Major enforcement actions in recent years include: Capital One Financial Corporation paid $390 million in BSA/AML pen...
Major enforcement actions in recent years include: Capital One Financial Corporation paid $390 million in BSA/AML penalties in 2021; TD Bank paid $1.2 billion for BSA violations in 2024; and Crypto exchange Binance paid $4.3 billion in 2023 for AML and sanctions violations DOJ Binance
DOJ Binance Enforcement Action 2023
DOJ Binance Enforcement Action 2023
The Insolvency Law (Ley de Concursos y Quiebras N° 24.522) provides that client assets held in custody are not pa...
The Insolvency Law (Ley de Concursos y Quiebras N° 24.522) provides that client assets held in custody are not part of the custodian’s bankruptcy estate, offering a degree of protection. However, this protection applies primarily to regulated entities and may not extend to unregistered custodians or digital asset custodians Insolvency Law Argentina.
Client impact: Retail investors face higher risk because unregulated custodians (e.g., domestic crypto exchanges ...
Client impact: Retail investors face higher risk because unregulated custodians (e.g., domestic crypto exchanges like Buenbit, Ripio) are not subject to mandatory segregation of client assets. In the event of insolvency, clients may be treated as unsecured creditors. The CNV has issued General Resolution No. 922/2022 (October 2022) requiring digital asset service providers to register with a special registry, but this does not mandate full custody protection akin to traditional securities CNV Resolution 922/2022.
For cross-border digital asset custody, Argentine regulators have not issued clear guidance. The Financial Acti...
For cross-border digital asset custody, Argentine regulators have not issued clear guidance. The Financial Action Task Force (FATF) Recommendations (especially Recommendation 15) have been partially adopted by the Financial Information Unit (UIF) , which requires virtual asset service providers (VASPs) to implement anti-money laundering (AML) custody controls. However, these requirements do not specifically address cross-border custody segregation or insolvency protection UIF Resolution 128/2022.
A practical challenge: Clients using foreign custodians (e.g., US-based exchanges) may face conflicting legal regimes...
A practical challenge: Clients using foreign custodians (e.g., US-based exchanges) may face conflicting legal regimes. Argentina does not recognize foreign bankruptcy proceedings automatically, meaning assets held abroad may be subject to local clawback or freezing orders. The Argentine Civil and Commercial Code (Art. 2643-2644) addresses international insolvency but only provides limited protection for custody assets Civil and Commercial Code Argentina.
In May 2023, the BCRA reinforced its ban on banks providing crypto custody in Communication A 7506, prohibiti...
In May 2023, the BCRA reinforced its ban on banks providing crypto custody in Communication A 7506, prohibiting any form of direct or indirect crypto asset facilitation by regulated entities BCRA Communication A 7506.
In March 2024, the CNV proposed Resolution No. 1024/2024, introducing a draft framework for digital asset cus...
In March 2024, the CNV proposed Resolution No. 1024/2024, introducing a draft framework for digital asset custody. The proposal includes mandatory segregation of client crypto assets, periodic audits, and insurance requirements. However, as of October 2024, this resolution has not been enacted into law CNV Proposed Resolution 1024/2024.
CNV Proposed Resolution 1024/2024
CNV Proposed Resolution 1024/2024
Enforcement actions can include fines, warnings, and prohibitions BaFin Enforcement.
Enforcement actions can include fines, warnings, and prohibitions BaFin Enforcement.
The German Banking Act (KWG) and the Securities Trading Act (WpHG) provide the legal basis for BaFin's enforcement ac...
The German Banking Act (KWG) and the Securities Trading Act (WpHG) provide the legal basis for BaFin's enforcement actions German Banking Act and Securities Trading Act.
In 2022, BaFin imposed fines totaling €25 million on several financial institutions for non-compliance with anti-mone...
In 2022, BaFin imposed fines totaling €25 million on several financial institutions for non-compliance with anti-money laundering regulations BaFin Press Release.
All sanctions permits (e.g., for humanitarian or legal purposes) must be applied for via DFAT’s online portal, with p...
All sanctions permits (e.g., for humanitarian or legal purposes) must be applied for via DFAT’s online portal, with processing times averaging 20 business days DFAT Sanctions Permits.
DFAT Sanctions Regime Overview
DFAT Sanctions Regime Overview
DFAT Consolidated List of Autonomous Sanctions
DFAT Consolidated List of Autonomous Sanctions
AFP Media Release: First Sanctions Conviction
AFP Media Release: First Sanctions Conviction
State-level regulations for stablecoin issuers vary, with some states requiring a money transmitter license, as expla...
State-level regulations for stablecoin issuers vary, with some states requiring a money transmitter license, as explained in the Conference of State Bank Supervisors' Model Regulatory Framework.
Conference of State Bank Supervisors' Model Regulatory Framework
Conference of State Bank Supervisors' Model Regulatory Framework
In September 2023, the government (under President Alberto Fernández) implemented a "Impuesto a los Altos Ingre...
In September 2023, the government (under President Alberto Fernández) implemented a "Impuesto a los Altos Ingresos" (temporary tax on high incomes) through Decree 473/2023, applicable for fiscal year 2023 only InfoLEG - Decreto 473/2023
Law 27,743 (October 2024) introduced a "moratoria fiscal" (tax amnesty) allowing taxpayers to regularize debt...
Law 27,743 (October 2024) introduced a "moratoria fiscal" (tax amnesty) allowing taxpayers to regularize debts with significant reductions in fines and interest AFIP - Moratoria 2024
In March 2024, the Argentine Senate approved a bill to regulate virtual assets, but as of October 2024, it has not be...
In March 2024, the Argentine Senate approved a bill to regulate virtual assets, but as of October 2024, it has not been enacted into law. The bill proposes AML obligations but again does not explicitly mention the travel rule Bill 2772-D-2023 - Argentine Congress.
Link to Ministry of Foreign Affairs sanctions page (Danish) Denmark Ministry of Foreign Affairs Sanctions Page
Link to Ministry of Foreign Affairs sanctions page (Danish) Denmark Ministry of Foreign Affairs Sanctions Page
Link to Finanstilsynet guidance on AML/CFT (Danish) Denmark Ministry of Foreign Affairs Sanctions Page
Link to Finanstilsynet guidance on AML/CFT (Danish) Denmark Ministry of Foreign Affairs Sanctions Page
Lov om forebyggende foranstaltninger mod hvidvask og finansiering af terrorisme (Hvidvaskloven - The Anti-Money Lau...
Lov om forebyggende foranstaltninger mod hvidvask og finansiering af terrorisme (Hvidvaskloven - The Anti-Money Laundering Act): This act transposes the EU's AML Directives (currently 4th and 5th AMLD, soon 6th) and forms the primary basis for VASP obligations in Denmark. It requires VASPs to: conduct customer due diligence (CDD), screen against sanctions lists, monitor transactions for suspicious activity, and report suspicious transactions to the financial intelligence unit (FIU, part of NSK) Denmark Ministry of Foreign Affairs Sanctions Page
Legal Reference: Hvidvaskloven on Retsinformation.dk (Danish official legal portal) (Always check for the latest ...
Legal Reference: Hvidvaskloven on Retsinformation.dk (Danish official legal portal) (Always check for the latest consolidated version) Denmark Ministry of Foreign Affairs Sanctions Page
An issuer offering such a security token to the public in Denmark (or across the EU) or seeking its admission to trad...
An issuer offering such a security token to the public in Denmark (or across the EU) or seeking its admission to trading on a regulated market must generally draw up, have approved by Finanstilsynet (or another EU competent authority and passported to Denmark), and publish a prospectus in accordance with the EU Prospectus Regulation (EU) 2017/1129 Danish FSA Virtual Currencies Page
Counter-terrorism (ISIL (Da'esh) & Al-Qaida, Taliban) UN Security Council Sanctions Information
Counter-terrorism (ISIL (Da'esh) & Al-Qaida, Taliban) UN Security Council Sanctions Information
Denmark Ministry of Foreign Affairs Sanctions Page
Denmark Ministry of Foreign Affairs Sanctions Page
The FSU is responsible for ensuring compliance with AML/CFT obligations and monitoring financial sector participants,...
The FSU is responsible for ensuring compliance with AML/CFT obligations and monitoring financial sector participants, though it has not yet implemented a dedicated virtual asset service provider (VASP) licensing regime FSU Dominica
As a member of the Caribbean Financial Action Task Force (CFATF), Dominica is subject to FATF Recommendation 15, whic...
As a member of the Caribbean Financial Action Task Force (CFATF), Dominica is subject to FATF Recommendation 15, which specifically addresses virtual assets and VASPs, requiring countries to regulate and supervise VASPs for AML/CFT purposes—while the country may not have implemented a dedicated licensing regime yet, it is expected to comply over time, making future regulations possible FSU Dominica
Note: Always seek the most current consolidated version of the Act, as amendments may affect compliance obligatio...
Note: Always seek the most current consolidated version of the Act, as amendments may affect compliance obligations FSU Dominica
Case Study Example: A hypothetical crypto exchange such as "DominicaCrypto Exchange Inc." would not apply for a c...
Case Study Example: A hypothetical crypto exchange such as "DominicaCrypto Exchange Inc." would not apply for a crypto-specific license; instead, it would register as an IBC under the International Business Companies Act and comply with AML/CFT obligations under the Money Laundering Prevention Act. However, the lack of specific VASP rules means the legal status of such operations remains in a gray area until formal regulations are enacted.
Licensing distinction: Specific financial services licenses (e.g., for banking, insurance, money services) are di...
Licensing distinction: Specific financial services licenses (e.g., for banking, insurance, money services) are distinct from virtual asset activities unless those activities explicitly cross into regulated financial products or services under existing law FSU Dominica
Stablecoin Issuance: There is no specific licensing regime for stablecoin issuers in Dominica. Entities engag...
Stablecoin Issuance: There is no specific licensing regime for stablecoin issuers in Dominica. Entities engaging in activities related to stablecoins (e.g., exchanges, wallet providers) are not currently subject to any tailored framework, but may fall under general AML/CFT obligations if their activities touch fiat or regulated financial products Central Bank of the Dominican Republic
If a company were to obtain a traditional financial services license (e.g., offshore banking), significant capita...
If a company were to obtain a traditional financial services license (e.g., offshore banking), significant capital requirements would apply, but these are not relevant to pure virtual asset businesses FSU Dominica
Cryptocurrency businesses in Dominica have reported difficulties opening corporate accounts with local banks, which t...
Cryptocurrency businesses in Dominica have reported difficulties opening corporate accounts with local banks, which typically conduct enhanced due diligence on any crypto-related entity, often resulting in outright denials of service FSU Dominica
Financial Intelligence Unit (FIU) Dominica: Receives and analyzes suspicious transaction reports and plays a key ...
Financial Intelligence Unit (FIU) Dominica: Receives and analyzes suspicious transaction reports and plays a key role in AML/CFT enforcement FSU Dominica
Non-compliance with AML/CFT obligations can result in significant penalties, including fines and potential revocation...
Non-compliance with AML/CFT obligations can result in significant penalties, including fines and potential revocation of business registration FSU Dominica
Issuance of Certificate of Incorporation: Once approved, CIPO will issue a Certificate of Incorporation FSU Dominica
Issuance of Certificate of Incorporation: Once approved, CIPO will issue a Certificate of Incorporation FSU Dominica
Business Bank Account: Open a corporate bank account (challenging for crypto businesses in many jurisdictions) FS...
Business Bank Account: Open a corporate bank account (challenging for crypto businesses in many jurisdictions) FSU Dominica
Central Bank of the Dominican Republic - Crypto Warning
Central Bank of the Dominican Republic - Crypto Warning
The Dominican Republic is a member of the United Nations and, as such, is obligated to implement sanctions resolution...
The Dominican Republic is a member of the United Nations and, as such, is obligated to implement sanctions resolutions adopted by the UNSC. These resolutions target individuals, entities, and countries involved in terrorism, proliferation of weapons of mass destruction, and other threats to international peace and security Law 155-17
OFAC sanctions have significant extra-territorial reach. While primarily targeting U.S. persons (citizens, residents,...
OFAC sanctions have significant extra-territorial reach. While primarily targeting U.S. persons (citizens, residents, entities, and their foreign branches), non-U.S. entities can also face severe penalties if their activities involve Law 155-17
U.S. financial systems (e.g., correspondent banking, dollar-denominated transactions) Law 155-17
U.S. financial systems (e.g., correspondent banking, dollar-denominated transactions) Law 155-17
OFAC has explicitly sanctioned cryptocurrency mixers (e.g., Tornado Cash, Blender.io), exchanges (e.g., Garantex, Sue...
OFAC has explicitly sanctioned cryptocurrency mixers (e.g., Tornado Cash, Blender.io), exchanges (e.g., Garantex, Suex, Chatex), and wallets/entities associated with ransomware groups (e.g., Lazarus Group, Conti, Hive) OFAC Sanctions
VASPs in the DR engaging with the U.S. financial system or dealing with U.S. persons, or facilitating transactions th...
VASPs in the DR engaging with the U.S. financial system or dealing with U.S. persons, or facilitating transactions that touch sanctioned entities/jurisdictions, must screen against OFAC's Specially Designated Nationals and Blocked Persons (SDN) List and other sanctions lists (e.g., the Sectoral Sanctions Identifications List) Law 155-17
EU sanctions apply to all EU persons and entities, regardless of where they operate, and to non-EU entities conductin...
EU sanctions apply to all EU persons and entities, regardless of where they operate, and to non-EU entities conducting business within the EU. While their direct extra-territorial impact on a purely DR-based VASP is less pronounced than OFAC's, any VASP with an EU nexus (e.g., serving EU customers, having EU beneficial owners, or using EU-based services) must comply Law 155-17
Screening required against the EU Consolidated List of Persons, Groups and Entities Subject to EU Financial Sanctio...
Screening required against the EU Consolidated List of Persons, Groups and Entities Subject to EU Financial Sanctions Law 155-17
Unidad de Análisis Financiero (UAF - Financial Analysis Unit): The national FIU responsible for receiving, analyz...
Unidad de Análisis Financiero (UAF - Financial Analysis Unit): The national FIU responsible for receiving, analyzing, and disseminating suspicious activity reports (SARs) and for overseeing AML/CFT compliance. The UAF is also responsible for maintaining and circulating lists of individuals and entities subject to UN sanctions Law 155-17
Banco Central de la República Dominicana (BCRD - Central Bank of the Dominican Republic): Has issued warnings abo...
Banco Central de la República Dominicana (BCRD - Central Bank of the Dominican Republic): Has issued warnings about the risks of cryptocurrencies, stating they are not legal tender and are not regulated by the BCRD. While not directly regulating VASPs, it influences the financial system's approach BCRD Warning
Screening must be performed at onboarding, upon updates to sanctions lists, and continuously (e.g., real-time transac...
Screening must be performed at onboarding, upon updates to sanctions lists, and continuously (e.g., real-time transaction screening or periodic batch screening of customer databases) FinCEN SAR FAQs
Monitor all crypto transactions for red flags indicative of money laundering, terrorist financing, or sanctions evasi...
Monitor all crypto transactions for red flags indicative of money laundering, terrorist financing, or sanctions evasion (e.g., unusually large transactions, rapid fund movements, transactions with known illicit addresses, use of mixers/tumblers without legitimate business purpose, unusual geographic patterns) FinCEN SAR FAQs
Criminal Penalties: Imprisonment from 4 to 10 years, and fines ranging from 200 to 500 minimum wages, depending o...
Criminal Penalties: Imprisonment from 4 to 10 years, and fines ranging from 200 to 500 minimum wages, depending on the severity and nature of the offense. These can be increased for aggravating circumstances (e.g., organized crime, involvement of public officials) Law 155-17
Administrative Penalties: Obligated subjects failing to comply with administrative obligations (e.g., record-keep...
Administrative Penalties: Obligated subjects failing to comply with administrative obligations (e.g., record-keeping, reporting) can face substantial fines from regulatory bodies (UAF, SIB) Law 155-17
Civil monetary penalties can range into millions of dollars per violation OFAC Enforcement
Civil monetary penalties can range into millions of dollars per violation OFAC Enforcement
Criminal penalties can include fines of several million dollars and imprisonment for up to 30 years for willful viola...
Criminal penalties can include fines of several million dollars and imprisonment for up to 30 years for willful violations OFAC Enforcement
These penalties can be imposed on non-U.S. persons who cause a U.S. person to violate sanctions, or whose conduct has...
These penalties can be imposed on non-U.S. persons who cause a U.S. person to violate sanctions, or whose conduct has a nexus to the U.S. financial system or economy OFAC Enforcement
Member states are required to set their own penalties, which can include significant fines and imprisonment EU Sancti...
Member states are required to set their own penalties, which can include significant fines and imprisonment EU Sanctions Framework
There is no separate "Dominican Republic Crypto Sanctions List" analogous to OFAC's SDN list that targets specific vi...
There is no separate "Dominican Republic Crypto Sanctions List" analogous to OFAC's SDN list that targets specific virtual asset addresses, mixers, or illicit crypto entities identified solely by the Dominican Republic. Compliance is primarily driven by international lists and the general AML/CFT framework Law 155-17
Implement automated sanctions screening tools that can check customers and transactions against all three major sanct...
Implement automated sanctions screening tools that can check customers and transactions against all three major sanctions lists (UN, OFAC, EU) simultaneously AML Compliance Overview
In 2025, FinCEN issued guidelines clarifying that financial institutions must use judgment-based approaches to SAR fi...
In 2025, FinCEN issued guidelines clarifying that financial institutions must use judgment-based approaches to SAR filing rather than volume-based metrics FinCEN SAR Clarifications
Bank Secrecy Act / Anti-Money Laundering (BSA/AML) - FDIC
Bank Secrecy Act / Anti-Money Laundering (BSA/AML) - FDIC
The Central Bank’s warnings target the general public, financial institutions, and anyone considering engaging with c...
The Central Bank’s warnings target the general public, financial institutions, and anyone considering engaging with crypto transactions, explicitly warning about “high volatility” and “lack of regulation” BCRD Comunicado. This aligns with standard central bank risk-communication practices worldwide.
The BCRD and the Superintendency of Banks (SB) maintain a directive that regulated financial institutions are general...
The BCRD and the Superintendency of Banks (SB) maintain a directive that regulated financial institutions are generally prohibited from dealing in or offering crypto-related services. The March 2021 communication states that financial institutions “should not carry out operations with cryptocurrencies” BCRD Comunicado. No subsequent BCRD or SB publication has rescinded this prohibition.
This prohibition covers banks, savings and loan associations, and other supervised financial entities. Violation woul...
This prohibition covers banks, savings and loan associations, and other supervised financial entities. Violation would constitute a breach of existing banking laws and could result in supervisory sanctions, though no specific penalty amounts are publicly detailed in the BCRD’s communications.
The Dominican Republic lacks a dedicated regulatory framework for licensing and supervising cryptocurrency exchanges,...
The Dominican Republic lacks a dedicated regulatory framework for licensing and supervising cryptocurrency exchanges, wallets, or related businesses. The BCRD’s warnings do not establish a licensing pathway—they merely state the ban on regulated entities BCRD Comunicado. This absence is consistent with many smaller economies that have not yet enacted comprehensive crypto legislation.
The BCRD’s actions are limited to public warnings and advisories—no specific fines against crypto entities are docume...
The BCRD’s actions are limited to public warnings and advisories—no specific fines against crypto entities are documented in the published communications. The penalty amount is N/A in the context of general warnings BCRD Comunicado. No publicly available enforcement record from the BCRD or SB shows a fine levied against a crypto entity in the last three years.
For regulated financial institutions that violate the crypto prohibition, penalties would fall under general banking ...
For regulated financial institutions that violate the crypto prohibition, penalties would fall under general banking law enforcement, but specific case details are not published on the BCRD or SB websites.
The Dominican Republic’s Financial Intelligence Unit (Unidad de Análisis Financiero - UAF) is responsible for anti-mo...
The Dominican Republic’s Financial Intelligence Unit (Unidad de Análisis Financiero - UAF) is responsible for anti-money laundering (AML) and counter-terrorist financing (CTF) oversight, including crypto-related suspicious transactions. The UAF website (https://uaf.gob.do/) does not publicly list specific crypto enforcement actions or penalties for the last three years UAF General Website. This lack of transparency does not mean enforcement is absent, but no publicly accessible records confirm active crypto-specific AML enforcement.
The U.S. Department of State’s International Narcotics Control Strategy Report (INCSR) for 2024 notes that the Domini...
The U.S. Department of State’s International Narcotics Control Strategy Report (INCSR) for 2024 notes that the Dominican Republic has “no specific regulations for virtual assets” and that “the central bank has issued warnings about the risks of cryptocurrencies.” US State Department INCSR 2024
The IMF’s 2023 Financial Sector Assessment Program (FSAP) for the Dominican Republic similarly observed that “cryptoc...
The IMF’s 2023 Financial Sector Assessment Program (FSAP) for the Dominican Republic similarly observed that “cryptocurrencies are not regulated and the central bank has cautioned against their use.” IMF FSAP 2023
The Financial Action Task Force (FATF) mutual evaluation report for the Dominican Republic (2022) noted that the coun...
The Financial Action Task Force (FATF) mutual evaluation report for the Dominican Republic (2022) noted that the country had “not yet implemented the FATF’s revised standards on virtual assets” and that “enforcement actions related to virtual assets are absent.” FATF MER 2022
Loi de Finances 2018 (2018 Finance Law), Article 117 established the initial prohibition of virtual currencies in...
Loi de Finances 2018 (2018 Finance Law), Article 117 established the initial prohibition of virtual currencies in Algeria. The law, published in the Journal Officiel de la République Algérienne Démocratique et Populaire, n° 76 du 30 décembre 2017, introduced restrictions on cryptocurrency activities Journal Officiel Algeria
Banque d'Algérie (Bank of Algeria) Statements consistently reinforce the prohibition. The central bank regularly ...
Banque d'Algérie (Bank of Algeria) Statements consistently reinforce the prohibition. The central bank regularly issues warnings about the risks of virtual currencies and reiterates their illegality under Algerian law Bank of Algeria
While the prohibition is embedded in the Finance Law, the Central Bank often issues warnings or reiterates the il...
While the prohibition is embedded in the Finance Law, the Central Bank often issues warnings or reiterates the illegality. The Bank of Algeria has consistently warned against risks associated with virtual currencies in press releases and public advisories found in their "News" or "Publications" sections Bank of Algeria
Custody Providers are prohibited from operating in Algeria. The law bans all activities involving virtual currenc...
Custody Providers are prohibited from operating in Algeria. The law bans all activities involving virtual currencies, including custody services Journal Officiel Algeria