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Bitcoin exchange bank transfer | The banking regulators will play a role in regulating stablecoins because of their potential uses in payments, borrowing, lending and deposit-like functions. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The bank has proposed to prevent financial institutions from carrying out any operations with cryptocurrencies and said mechanisms should be developed to block transactions aimed at buying or selling cryptocurrencies for fiat currencies. EDUM In amendments to the Proceeds in Crime Law categorized virtual currency as a form of currency. The natural next question is whether financial regulators will also consider NFTs as a class of virtual assets that fall within their jurisdiction. |
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