New Rules Proposed For Bitcoin Exchange Providers In El Salvador

New Rules Proposed For Bitcoin Exchange Providers In El Salvador

The document detailing the new guidelines has been released for comment, apparently encompassing only BTC/USD exchange providers.New technical rules for the Bitcoin law in El Salvador have been submitted for discussion by its Central Bank. The document seeks to clarify the rights and requirements for financial institutions seeking to provide bitcoin to dollars exchange services in the country after it officially becomes legal tender. Significant provisions include the extensive collection, storage, and report of customer data.The published paper says it seeks to facilitate the....


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