should guard against the ML/TF risks. 145 An industry body called CryptoUK are aiming to improve the industry standards around Bitcoin. 45 On December 13, 2013, the European Banking Authority (EBA the regulatory agency of the EU responsible for advising EU institutions kyynärää bitcoin on banking, e-money regulation, and payments, issued a warning on the dangers associated with transactions, such as buying, holding, or trading virtual currencies. 52 The use of bitcoin as a currency in domestic settlements is restricted.
Hong Kong s bitcoin businesses suffer after local bank accounts frozen Hongkongers are going big on bitcoin, but some don t understand How Hong Kong Bitcoin Traders Defend Against Scams - Forbes
6493, 28690 Resm Gazete Official Gazette (June 27, 2013 http www. Slovenia Legal On 23 December 2013 the Slovenian Ministry of Finance made an announcement 117 stating that bitcoin is neither a currency nor an asset. 29 The Notice further required strengthening the oversight of Internet websites providing bitcoin registration, trading, and other services. . 3 :Cyprus Russia Legal As of November 2016 declared, bitcoins are "not illegal" according to the Federal Tax Service of Russia. In one of the most perfidious schemes to hit Hong Kong traders in the past years, OTC traders were used to exchange income from other scams into bitcoin, which can more easily be transferred overseas without being seized. "Bank of Jamaica Electronic Retail Payments Service" (PDF).