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Uruguay to Further Clarify the Legal Status of Bitcoin in New Regulation

The Central Bank of Uruguay has hinted at the possibility of declaring bitcoin a “non-financial virtual asset,” potentially securing an easier compliance path for virtual asset service providers. Stablecoins, on the othe...

Uruguay to Further Clarify the Legal Status of Bitcoin in New Regulation
The Central Bank of Uruguay has hinted at the possibility of declaring bitcoin a “non-financial virtual asset,” potentially securing an easier compliance path for virtual asset service providers. Stablecoins, on the other hand, would be classified as “financial virtual assets.” Uruguay to Clarify Status of Bitcoin and Other Virtual Assets in New Regulation The Central […]

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