(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 3. The
resolution on the "Rules of Operations with Virtual assets in the
Republic of Azerbaijan" is aimed at preventing money laundering,
Director General of Azerbaijan's Central Bank (CBA) Togrul Aliyev
said during a press conference on changes in parameters of the
discount rate, Trend reports.
According to him, this resolution is not related to
the regulation of cryptocurrencies and/or digital currencies.
He pointed out that there are no players in Azerbaijan
who conduct operations with virtual assets for today.
Governor of the Central Bank of Azerbaijan (CBA) Taleh
Kazimov signed a resolution on "Rules of operations with virtual
assets in the Republic of Azerbaijan". According to articles 4.2.3
of the Law of the Republic of Azerbaijan "On combating the
legalization of property obtained by Criminal Means and the
Financing of Terrorism" and 22.0.17 of the Law of the Republic of
Azerbaijan "On the Central Bank of the Republic of Azerbaijan", the
Board of the Central Bank of Azerbaijan approved the "Rules of
Operations with virtual assets in the Republic of Azerbaijan".
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