The Cryptocurrency Regulation Framework was approved in a meeting of the Supreme Commission for the Regulation of Cyberspace on January 8, 2025, at the National Cyberspace Center.
The Cryptocurrency Regulation Framework was approved in a meeting of the Supreme Commission for the Regulation of Cyberspace on January 8, 2025, at the National Cyberspace Center. The meeting reviewed the details of the draft cryptocurrency system document, including the creation of a national cryptocurrency and the regulation of globally accepted cryptocurrencies. Present at the meeting were commission members and relevant authorities, including the Ministry of Industry, Mining, and Trade, the Central Bank, and others. Eventually, the cryptocurrency regulation framework was unanimously approved and then issued. This resolution defines the regulatory bodies’ activity guidelines, the general rules for cryptocurrency activities, and the policies and objectives in this field. It represents a significant step toward utilizing blockchain technologies and, after years, has finally introduced regulations for their application.
Source: National Cyberspace Center
