Under the new law, the chosen crypto regulator will have powers to license virtual asset service providers and make new rules. However, the bill “does
Under the new law, the chosen crypto regulator will have powers to license virtual asset service providers and make new rules. However, the bill “doesn’t give obligations to the regulatory authority, the structure, the level of expertise that it needs to have, it’s still very open,” Vivo said, explaining some areas that could be addressed in future legislative efforts.
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