Today news
About the same in other media
22.12 - 20:43
21.12 - 14:04
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
Reading now: 993
Cyprus is moving to regulate the cryptocurrency industry, with the country’s finance ministry releasing a national risk assessment on crypto.
Published on Dec. 13, the official documentation provides a risk assessment for the Republic of Cyprus regarding money laundering risks related to virtual asset activities and virtual asset service providers (VASPs).
The Ministry of Finance of Cyprus stressed that there is a “limited direct understanding or experience” regarding money laundering risks of crypto in the country.
However, authorities like Cyprus Securities and Exchange Commission (CySEC) and local enforcement authorities have demonstrated a “sophisticated level of understanding of the sector,” the statement notes. The authorities should
Read more on cointelegraph.comAbout this in other media
Hacked Grim Finance's Auditors Blame New Analyst For Missing the Issue cryptonews.com /2 years ago
NFTs, stablecoins and the value of Bitcoin: Predictions for crypto assets in 2022 euronews.com /2 years ago
As demand soars, exchanges offer top coin for crypto talent economictimes.indiatimes.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
