Country Current summary Key developments Abu Dhabi Issuers and intermediaries of virtual currencies and “security” tokens may be subject to regulation—depending upon the nature of the product and service. On Oct.
9, 2017, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi issued guidance on the regulation of initial coin/token offerings (ICO) and digital currency as supplemental guidance to the existing 2015 Financial Services and Markets Regulations. Argentina Virtual currencies are not legal tender under the country’s National Constitution, which designates the Central Bank as the only authority that may issue legal tender.
On Nov. 2, 2017, Argentina’s largest futures trading market, the Mercado de Termino de Rosario (Rofex) has been considering offering services to investors in digital currencies and plans to make an announcement by the end of 2017.
Austria Austria regulates financial services involving virtual currencies. Australia Digital currency exchanges will be subject to registration and regulation in mid-2018, once amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act of 2006 take effect. Read more from marketwatch.com…
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