Lens1000
VIP Contributor
Peru has joined the likes of South Africa to pass bill on the regulation of cryptocurrency related activities . The activities of businesses of cryptocurrency would be regulated, so as to curb the illegal activities associated with it.
The Peruvian Congress has received a measure aiming at establishing a legal framework for the bitcoin market, which will now be debated in plenary session before being approved.
The paper, which can be seen on the Peruvian legislature's official website, covers a variety of crucial aspects of the country's expanding ecosystem.
Furthermore, Podemos Peru parliamentarian José Elas Valos introduced the project, which is officially called as the "Framework Law for the Commercialization of Cryptoassets."
The bill's goal, according to the politician, is to regulate businesses that provide cryptocurrency services, such as Bitcoin exchanges and digital wallets.
The Peruvian Congress has received a measure aiming at establishing a legal framework for the bitcoin market, which will now be debated in plenary session before being approved.
The paper, which can be seen on the Peruvian legislature's official website, covers a variety of crucial aspects of the country's expanding ecosystem.
Furthermore, Podemos Peru parliamentarian José Elas Valos introduced the project, which is officially called as the "Framework Law for the Commercialization of Cryptoassets."
The bill's goal, according to the politician, is to regulate businesses that provide cryptocurrency services, such as Bitcoin exchanges and digital wallets.