Cryptocurrency Market

  • Market Cap: $1,145,634,271,437.31
  • 24h Vol: $153,259,774,011.59
  • BTC Dominance: 39.92%

anti-money laundering

uae-now-requires-agents-to-report-real-estate-transactions-where-virtual-currency-is-used-as-payment

UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment

The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in the transaction are derived from a virtual asset” must …

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south-african-central-bank-now-considers-cryptocurrency-to-be-a-financial-asset

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a cryptocurrency regulatory framework in place by the end of 2023. A Safer Crypto Ecosystem …

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report:-morocco’s-central-bank-to-unveil-crypto-regulation-bill-soon

Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering and anti-terrorism financing regulations being upgraded. Crypto Regulation Best Practices A Moroccan central bank committee …

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