Québec Mandates Bitcoin ATMs, Trading Platforms Acquire Licenses

Autorité des marchés financiers The Québec regulatory agency that manages Canadian financial markets has actually enacted brand-new policies that mandate virtual currency ATM operators and virtual currency trading platforms get a license.

The Autorité des marchés investors (AMF) has changed its Policy Statement to the Money-Services Company Act to put on choose bitcoin companies operating in the jurisdiction. The AMF stressed in its official announcement, however, the licensure does not suggest that it is regulating the bitcoin market.

The statement appears to have caught members of the regional bitcoin community off guard offered that Canada has actually been working toward regulating bitcoin on the federal level, a process that has been pioneered through an 18-month Senate research due to be released this year.Continue reading at

CoinDesk CoinDesk


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