9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The National Bank of Kyrgyzstan has warned of possible risks associated with cryptocurrencies. The regulator emphasized that the only means of payment in the country is solid: “The
The National Bank of Kyrgyzstan has warned of possible risks associated with cryptocurrencies.
The regulator emphasized that the only means of payment in the country is solid:
“The use of virtual assets when buying and selling goods and services as a means of payment, especially in the territory of Kyrgyzstan, would be a violation of the laws of our state.”
The Central Bank’s statement also mentions the risks associated with cryptocurrencies due to the “lack of collateral”, regulatory agency and the volatility of rates.
Recall that in 2021 the Central Bank of Kyrgyzstan plans to issue licenses to operators of cryptocurrency exchanges, and the local Financial Markets Regulation and Supervision Service has developed a draft regulation on the regulation of bitcoin exchanges.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
