Kriptovallas already interested in Kosovo Central Bank

Kriptovallas already interested in Kosovo Central Bank

The Central Bank of Kosovo has begun to care about the cryptova peace market, just like all other European Union banks. In the continuation of the CEC's assessment and warning commitments regarding the virtual money phenomenon, the CEC Executive Board at the meeting held on February 26, 2018 has founded a body of [...]

In the continuation of the CEC's assessment and warning commitments regarding the virtual money phenomenon, the CEC Executive Board at the meeting held on February 26, 2018 has established a permanent body for assessment and addressing regulatory challenges related to virtual money.

The CEC reports that this body structured in the form of an advisory group will forward and analyse international developments on the regulation of virtual money, focusing on their treatment by regulators in EU countries and countries in the region, as well as prepare recommendations for the CEC's decision-making bodies concerning the steps in functioning of virtual money regulation.

 “The CEC has been actively engaged in addressing issues related to virtual money, analyzing relevant developments, contacting responsible authorities in European countries, as well as communicating with the public both through separate communiqués, whether through statements and promotions of its officials”, says a BQC communiqué.

The CEC continues to draw attention to local subjects regarding the risks of financial losses it could suffer from investment in virtual money, as well as other possible implications.

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