Could you please explain in detail what the new law on crypto-asset markets in Bulgaria entails? What are the key provisions of this legislation, and how does it impact the current landscape of cryptocurrency trading and investments in the country? Additionally, are there any specific regulations or guidelines for crypto exchanges and wallet providers operating in Bulgaria under this new law?
7 answers
CryptoPioneer
Wed Sep 11 2024
The proposed law aims to establish a comprehensive framework for the oversight and governance of crypto-asset markets in Bulgaria.
InfinityEcho
Wed Sep 11 2024
It seeks to protect investors, prevent market manipulation, and ensure the stability and integrity of the crypto-asset ecosystem.
Elena
Wed Sep 11 2024
The draft legislation will outline the requirements for crypto-asset service providers, including exchanges, wallets, and custodians, to operate legally in Bulgaria.
Alessandro
Wed Sep 11 2024
Bulgaria's Ministry of Finance has unveiled a draft Law on Cryptoasset Markets, marking a significant step towards regulating the trading of crypto-assets within the country's borders.
Sofia
Wed Sep 11 2024
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