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Yes, it is legal. Bitcoin miners used to be arrested by law enforcement authorities, alternatively in January 2018 Carlos Vargas, the government’s cryptocurrency superintendent said “It is an exercise that is now perfectly legal. We have had conferences with the Supreme Court so that people who have been victims of
- January 5, 2021
No, it is totally illegal. The Ecuadorian government has issued a ban on bitcoin and other digital currencies. The National Assembly of Ecuador banned bitcoins which include different decentralized digital/crypto currencies, due to the establishment of a new state-run electronic money system. Ecuador’s new project would be managed by the
- January 5, 2021
Yes it is legal, however there is a banking ban. Financial establishments are no longer allowed to facilitate bitcoin transactions. The Superintendencia Financiera warned financial establishments in 2014 that they may also no longer “protect, invest, broker, or manage virtual money operations”.
- January 5, 2021
Yes it is legal however, there is no law on the use of bitcoins.
- December 29, 2020
All financial activities in a country are usually put into the hands of some special agencies or people. They are responsible, though, for different things – like bank operations, currency exchange rate and etc. Alongside these things, a financial regulator also handles the financial trading activity, if such is permitted
- December 8, 2020
Canadian forex brokers must abide by the rules and regulations laid out by the Investment Industry Regulatory Organization of Canada (IIROC) if they want to work with traders from Canada. This means that when you sign up with one of our recommended online forex brokers that operate in Canada, you’re
- December 8, 2020
Tips on choosing the best Forex brokers in Brazil Foreign exchange is a massive market that bills for extra than $4 trillion in trades each and every day. There is no central marketplace for foreign exchange trading so merchants are pressured to select a Forex broking to assist them in behavior business. There are a variety of Forex brokers in Brazil, and it’s essential to select the proper one. It can be very overwhelming sifting via all the data available, so why don’t we assist via looking at five elements you be taking into account when looking for
- December 8, 2020
The Central Bank of Brazil monitors all transactions and controls the glide of incoming and outgoing transactions if the Forex market in Brazil. It is the regulatory body that oversees the Forex industry. The Brazilian central bank saves all foreign trade contracts in the Sisbacen system. Residents of Brazil who have a Forex buying and selling account with Brazilian foreign money can take part in the thrilling world of Forex. If
- December 8, 2020
Opening a forex account as a Vietnamese trader will differ based on the offshore broker you decide to work with. Some forex brokers will only require basic personal information, such as your name, address, email, phone number, date of birth, and nationality. Other brokers might require extra information, such as the name and tackle of your employer, what
- December 8, 2020
The short answer is yes, but it is a little bit complicated. Although it is illegal to set up a forex brokerage in Vietnam and to trade with a forex broker based in Vietnam, there are currently no laws or regulations around clients using offshore brokers. This means you can
- December 8, 2020
Searching for the best forex brokers in Brazil is slightly more difficult than in other countries of the world. This is because, unfortunately, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or CMV for short) imposes complicated rules on forex trading. This doesn’t mean, however, that Brazilian forex
- December 8, 2020
Nearly every country in the world will have a set of rules and regulations in place that govern trading on the financial markets, along with those that provide related services. For investors, this is very important as it provides a level of protection. It also serves to prevent fraudulent activities.
- December 8, 2020
A brief introduction to Poland – Officially known as the Republic of Poland, this united states is located in Central Europe, between Germany to the west, the Czech Republic and Slovakia to the south, Belarus and Ukraine to the east, and to the north the Baltic Sea, and Lithuania. In
- December 8, 2020
While foreign exchange buying and selling is a prison in Malaysia, technically you can only do so with registered and permitted monetary institutions. Until recently, these institutions consisted broadly speaking of large financial groups and banks, which were now not involved in working with retail traders. However, Malaysian law states that it is legal to make distant places investments. Therefore, many Malaysian merchants decide to work with offshore brokers and classify their trading as an offshore investment. Some additionally claim that the rule of solely trading currency with licensed institutions solely applies to physical currency.
- December 8, 2020