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No details were disclosed about the new cryptocurrency legislation or when it will come into effect. The bill also imposes stricter reporting requirements on cryptocurrency exchanges and imposes a $10,850 (€10,000) limit on cash payments. The monitoring of large transactions will be more stringent, and new reporting requirements will be introduced for high-value transactions. The legislative framework covers a range of areas where such risks exist, including cryptoassets and crowdfunding. In ...

No details were disclosed about the new cryptocurrency legislation or when it will come into effect. The bill also imposes stricter reporting requirements on cryptocurrency exchanges and imposes a $10,850 (€10,000) limit on cash payments. The monitoring of large transactions will be more stringent, and new reporting requirements will be introduced for high-value transactions. The legislative framework covers a range of areas where such risks exist, including cryptoassets and crowdfunding. In ...