The new regulatory framework aims to bring the legal status to cryptocurrency exchanges in Kyrgyzstan.
The government of the Kyrgyz Republic is moving forward to cryptocurrency adoption by introducing a national regulatory framework for crypto trading platforms.Kyrgyzstan’s State Service for Regulation and Supervision of Financial Markets (Gosfinnadzor), a regulatory agency operating under the Ministry of Economy and Finance, has developed a draft provision for regulating crypto exchanges, local news agency 24.kg reported Wednesday.The newly proposed regulations reportedly aim to establish the legal status of crypto exchanges operating in Kyrgyzstan, functions, responsibilities and compliance requirements including necessary registration with the unified state register. The rules also require crypto exchange service providers to ensure measures to counter illicit activities like money laundering and terrorism financing.Go
Źródło: https://cointelegraph.com/news/kyrgyzstan-reportedly-introduces-regulations-for-crypto-exchanges
