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Germany issue new crypto regulations

The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020. Some of the key changes affect how the German Banking Act and Payment Supervision Services Act relate to crypto. Crypto-Assets Are Now Financial Instruments The new law defines crypto-assets in a somewhat unwieldy manner: digital representation of a value that is not issued or guaranteed by a Central Bank or a public authority and that does

The post Germany To Issue Crypto Regulations On January 1 2020 appeared first on Bitcoinist.com.

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